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What is an Invoice: Definition, examples and tips for beginners 🧾

What is an Invoice?

An invoice is a document a seller sends to a buyer, listing products or services provided, the amount owed, and the payment due date. It’s used to request payment and keep track of sales.

Invoice example

Detailed diagram breaking down the core elements of an invoice

Here are explanations for each item in the invoice

* Invoice Number: A unique identifier for tracking the invoice.
Invoice Date: The date the invoice was created.
* Due Date: The date by which payment is due to be received in your account.
* Bill To: The person or company being billed.
Description: Details of products or services provided.
Quantity: The amount of each item or service provided.
Unit Price: The price per unit of each item or service.
* Total: The total cost for each line item (Quantity x Unit Price).
Subtotal: The sum of all line item totals before taxes or discounts.
Tax: Any sales or service tax applied to the subtotal.
Discount: Any discount applied to the subtotal.
* Total Total: The final amount due after adding tax and subtracting discounts.
Payment Terms: Conditions for when and how the payment should be made.
Notes: Additional information or instructions, like payment methods or late fees.

Create an Invoice

Create and track invoices with templates

Accounting software for self employed people

With SASA you can create invoices using invoice templates in the app so you always look professional. Share as PDF, XLS or CSV. Track in the app and get paid faster!

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