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Most companies must deal with cash flow, and in order to keep track of billing and income streams, invoices may be used. An invoice is a bill detailing services rendered or products purchased and their overall cost. These may come from outside vendors for the company or may be issued from the company to other companies or customers. An invoice book is a way to keep all of these invoices organized and stored.
Record keeping is the most common reason for keeping an invoice book. At times, there may be the need to show a vendor what has been paid or to show a customer what has not been paid. These books may be organized in any way that fits the company's needs. When the need arises, having the invoices in a convenient location may help avoid confusion or disputes.
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