Financial accounting company introduces the difference between invoices and receipts

 In life, when we go to the store to buy something, the store will issue a piece of paper as a proof of purchase. Many people may think that we call this piece of paper a receipt instead of an invoice. What is the difference between the two?

 Invoice refers to the receipt and payment voucher issued and collected when purchasing and selling goods, providing or receiving services, and engaging in other business activities. It is a shopping voucher for consumers, an important commercial voucher for taxpayers’ economic activities, and an important basis for financial and tax inspections by finance, taxation, auditing and other departments. Invoices are divided into: ordinary invoices, special value-added tax invoices and professional invoices.

Receipts mainly refer to receipts and payment vouchers printed by the financial department and stamped with the financial bill supervisory seal. They are used for administrative income, that is, non-taxable business!

 Generally, receipts should be used when invoices are not used. It is an important original certificate!

Receipts are not the same as what we call "white slips" in daily life. Receipts are also a kind of receipt and payment voucher, and they have different types. As for whether it can be recorded, it depends on the type and scope of use of the receipt.

  Types of receipts

  Receipts can be divided into internal receipts and external receipts. External receipts are divided into three types: tax department supervision, financial department supervision, and military receipts. Internal receipts are self-made vouchers within the unit and are used for internal business of the unit, such as internal allocation of materials, collection of employee deposits, refund of excess business trip loans, etc. At this time, the internal self-made receipts are legal vouchers and can be recorded as costs and expenses. If business transactions occur between units and the payee does not need to pay taxes after receiving the payment, the payee can issue a receipt supervised by the tax department. For administrative charges incurred by administrative institutions, receipts supervised by the financial department can be used. If there are business transactions between the unit and the army that do not require tax according to regulations, you can use receipts supervised by the army. This kind of receipt is also a legal voucher and can be entered into the account. In addition to the above-mentioned types of receipts, other self-made receipts used by organizations or individuals when collecting and making payments are what are commonly known as "white slips".