Explain the following terms in detail: a. Invoiceb. Credit No

Question

Explain the following terms in detail:
a. Invoice
b. Credit Note
c. Purchase Order
d. Contact Rate
e. Promise Rate
f. Kept Rate

16 Apr 2024

Answer :

Word Count : 347

a. Invoice: An invoice is a commercial document issued by a seller to a buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided to the buyer. It serves as a request for payment from the buyer to the seller. In an O2C process, invoices are generated and sent to customers after goods or services have been delivered or rendered.

b. Credit Note: ____ ________ _______ _________ __________ _____.
_______ ________ _______ ____ __________ ___ ____.
_______ ___ ________ ___ ____ ________ ___ _________.
_________ ___ ________ _____ _________ _________ _______ ___ __________ _______ __________ _____.
______ _____ _____ _______ _____ ________ _________ _________ ________ _______ ______.
_________ ______ ______ _____ ____ ______.
________ ________ _________ _____ ____ _____ ________ __________ _________.
_______ ________ __________ ____ __________ ____ _______ _____ ______.
___ _______ _______ _____ ________ _________ _________ _________ ____ ________.
_________ __________ _____ ___ _______ _____ _____ ___ _________ _____.
________ _______ ________ ___ _________ _____ _____ _____ _________ _______.
____ _____ _______ ___ _______ _________ ______ ______ __________ _________ ______ ______.
______ ___ ___ __________ ____ _______ _________ ______ _________.
_________ ______ ________ __________ ____ ____ ____ ________ __________.
______ _______ _______ _________ ________ ______.
______ ___ ______ _______ ______ _______.
__________ ________ ___ _____ __________ ____ ____ ________ _________ __________ ________ ___.
__________ ______ _____ ________ _____.
_________ ________ ___ ____ _____ __________ _________ ____ ____ ______.
_____ ___ ____ ______ __________ __________ ________ ________ ____ _______ _____ ___.
______ ___ ______ __________ _____ __________ _________ ____ __________.
__________ _____ _________ ___ ________ ______ _____ ________.
_____ ___ ___ ______ ___ ___.
__________ __________ _______ _____ _____ ___ _________ ______ _______ ________ ___.
___ ________ ______ _________ _____ ___.
____ ___ _____ _____ _____.
___ ______ _______ ___ ________ ____ ______ ____.
________ ___ ______ ______ ___ _________ __________ _________ ______.
___ ___ ____ _____ ______ ____ __________ ____ ___ _______ ________ __________.
_________ ________ ________ __________ ______ ________ _________ ________.
___ ___ ________ _____ ___ __________ _________ ___.
______ __________ _____ _________ ______ _________ _____.
__________ ________.
Get Full Answer on WhatsApp

IGNOU Solved Assignments Assignments Ignou Projects Project Previous Year Solved Exam Papers Notes Notes Sample Question Papers Sample Question Papers

IGNOU NEWS

Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★