![]() ![]() Bills are used to collect money owed to the business while invoice is used to track the costs of goods.Some other differences between a bill and an invoice are: The most common difference between these two documents is the purpose of these documents.Ī bill is typically used when payment is expected, while an invoice is used to track the progress of a project or order. In its simplest terms, a seller raises an Invoice and when this Invoice reaches a buyer it becomes a bill for the buyer and vice versa.Ī bill is a document that also represents an invoice. To understand it better, let us first understand what is a bill and an invoice. ![]() GST billing software, invoicing software, software for billing, and software for invoicing are often interchangeably used for computerized billing and invoicing.Īnd it especially denotes making a bill or an invoice on a computer or a mobile app.īut what exactly is billing or invoicing software? ![]()
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