definition of sales invoice invoicesee also voucher an invoice is within the european union primarily legally defined by the eu vat directive as an accounting voucher to verify tax and vat reporting and secondly as a civil law mon law document.what is factoring definition and meaningshort term non bank financing of accounts receivable it is of four main types 1 in maturity factoring also called service factoring the factor maintains the seller s sales ledger controls credit follows up on the payments and pays the amount after deducting a mission of each invoice as it falls due whether or not the payment.
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