What's the difference between an invoice and a receipt?

1, different functions

Receipt is the original voucher used by enterprises and institutions in economic activities, which mainly refers to the receipt and payment voucher printed by the financial department and stamped with the supervision seal of financial bills for administrative income, that is, non-tax business.

Invoices are business vouchers issued and collected by all units and individuals in buying and selling goods, providing or receiving services and engaging in other business activities. They are the original basis of accounting, and also an important basis for law enforcement inspection by audit institutions and tax authorities.

2. Different roles

Receipt is the proof of receipt and payment, and invoice can only prove that the business has happened, but can't prove whether the money has been received or paid.

3. Different characteristics

An invoice is the original proof of the cost, expense or income incurred. For the company, the invoice is mainly the basis for the company to make accounts, and it is also the expense certificate for paying taxes; For employees, invoices are mainly used for reimbursement.

A receipt cannot be equated with a "white note" in daily life. Receipt is also a kind of receipt and payment voucher, and there are different kinds. As for whether it can be recorded, it depends on the type and scope of use of the receipt.

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