Invoice

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Invoice

An itemized statement or written account of goods sent to a purchaser or consignee by a vendor that indicates the quantity and price of each piece of merchandise shipped.

A consular invoice is one used in foreign trade. It is signed by the consul of the nation to which the merchandise is shipped. Such an invoice facilitates the entry through the destination country, since the quality and value of the shipment are verified prior to its arrival.

INVOICE, commerce. An account of goods or merchandise sent by merchants to their correspondents at home or abroad, in which the marks of each package, with other particulars, are set forth. Marsh. Ins. 408; Dane's Ab. Index, h. t. An invoice ought to contain a detailed statement, which should indicate the nature, quantity, quality, and price of the things sold, deposited, &c. 1 Pardess. Dr. Com. n. 248. Vide Bill of Lading; and 2 Wash. C. C. R. 113; Id. 155.

References in periodicals archive ?
In 2014, nearly one-half million debit memos worth USD138 million were issued.
The idea of our formula is, of course, to obtain the dollar weighted days caused by each "plus" tug created by the application (invoices, debit memos), and each "minus" tug (credit memos, payments).
What we tend to do, and I think we are getting away from it now, is just redisposition of our backlog of old debit memos. While we are doing something about them, new ones are coming in for the same reason the old ones came in." Your other business units, not just credit and collections, need to come to this realization.
Those fines are referred to as debit memos, and unfortunately there is a direct correlation between the rise of self-booked reservations and debit memos created by government travelers violating the airline rules.
"You must stop using the ghost card immediately; you will probably have to refund all unused tickets charged to the card after the bankruptcy filing; you may have to refund months of fees; and worst of all, you do indeed face the risk of debit memos for tickets covered by any unpaid credit card bills," Pestronk writes.
Speaking at a roundtable debate in Doha hosted by Arabian Travel News , agents revealed that they were regularly forced to pay up out of their own pay checks to make up the shortfall on "shortcollections" (if a client is quoted the wrong fare); or to pay off airline Agency Debit Memos (ADMs).
Be sure to include any credit or debit memos issued against an invoice to improve the success rate.
In addition to time and cost inefficiencies, such errors also resulted in airline debit memos to ticket issuers, the company said.
The most important information for credit and collections are invoices, debit memos, credit memos, payments, receipts, PODs, packing slips, sales orders, purchase orders, contracts, collections logs, deduction forms, dispute logs and write-off approvals.
Upon a more careful audit, one could have seen that debit memos were phony (charged back discounts that customers earned), they recognized a trade discount immediately and not when earned and they discontinued aging the accounts payable.
The other is CashApply, which can apply cash received via lockbox, ACH' or EDI to a company's accounts receivable system and create debit memos that are immediately passed through to DMS.