Invoice vs Receipt: What’s the Difference?

An invoice requests payment; a receipt confirms it. Here’s how the two documents differ and when to use each.

Invoice

In InvoiceCast

An invoice is a formal payment request that itemizes goods or services, identifies the seller and customer, states the amount owed, and explains the payment terms.

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Receipt

Invoicing term

A receipt confirms that payment has been made. An invoice requests payment; a receipt documents payment.

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