Importance of the Invoice in the business and to the Management Accounting

An invoice or bill is a commercial document issued by a seller to the buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer. An invoice indicates the buyer must pay the seller, according to the payment terms. The buyer has a maximum amount of days to pay these goods and are sometimes offered a discount if paid before.

In the rental industry, an invoice must include a specific reference to the duration of the time being billed, so rather than quantity, price and discount the invoicing amount is based on quantity, price, discount and duration. Generally speaking each line of a rental invoice will refer to the actual hours, days, weeks, months etc being billed.

From the point of view of a seller, an invoice is a sales invoice. From the point of view of a buyer, an invoice is a purchase invoice. The document indicates the buyer and seller, but the term invoice indicates money is owed or owing.

Through  invoice business can gain well organize billing system that will help them to solve excessive and ambiguity of a seller. It ensures also a correct and effective billing process which will generates a well organized flow of sales and purchases.

What is the impact of the internet in the business

Since the Internet has become a business tool instead of merely a research network, businesses both large and small have seized the opportunity to explore how to use it to become more productive and competitive. At the same time, media reports have speculated how the Internet will allow businesses to access a global-wide customer base up to millions. It is now better known that although there may be a large number of users on the Internet and that the potential of doing business with these users does exist, it is nonetheless not straightforward, or at least getting business directly from the Internet is not as simple as it was first thought. Blatant advertising and broadcasting "make-money-fast" opportunities only end up attracting disapproval instead of actual business. With the newer concepts such as the intranet or even the extranet, there are more opportunities to exploit the Internet technology beyond its existence as a common global network to encompass enterprise-wide networks and inter-organizational systems.

In this our era,many companies nowadays engaged in using the internet for every aspect of their business including taking orders, inventory control, production scheduling, communications plans, sales programs, service departments and support programs. The change from traditional communication channels such as salespeople, telephone and – - snail mail – -to the internet and e-mail happened quickly in some companies and more slowly in others.

Through internet, businessman can have a direct access with their costumers, buyers and even their business partners around the globe. Business-to-business marketers were among the first companies actually to make profits using the internet. In today’s marketplace, the web is becoming the communication tool of choice for many business-to-business companies. The internet provides opportunities for communication, customer service, sales support, collaboration and e-commerce.

Francisco Rodriguez states that another idea is to take online surveys to earn money. Online surveys are free to join, however some do cost money to join but the earning possibilities are higher. The secret is to join as many companies as possible, filling the profile to get as many surveys as you can. The more surveys you take, the higher income you make. Data entry jobs, getting paid to read email are also a way to make money online. These “jobs” don’t pay a lot, but if you join many companies it can add up to a very nice income.

With the idea of earning profit and accessibility, internet boost and make a business to improved.
Businesses world wide can maintain a good relationship with their clients in much comfortable way.

Juan Carlo Santiago

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