What makes a Restaurant Invoice Valid?
When you take a food order giving a specified bill to the customer asking payment is a restaurant invoice. An invoice should be communicative to the payers. Either you issue it before or after the service, supplying a valid catering invoice is your responsibility as a seller. If your restaurant is registered for Value Added Taxes (VAT), every sample invoice must meet specific requirements under its regulations. Besides the tax, such documents are a legal paper, and it must include the following components:
- The restaurant name, Trading location, and contact details
- The customer name and contact details
- Unique invoice serial number
- Product description, quantity, and price details
- Total price to be paid
- Inclusive taxes (if applicable)
- Preferred prepaid or the postpaid payment method of customer
- Invoice issued date, estimated delivery and due date or time
What is the difference between an Invoice and a Receipt?
Both the documents brief about a purchase and payment summary. Having both the papers in your restaurant business plan is important and they are non-negotiable instruments. There are some differences between the two like
- Business invoice requests for payment, whereas receipts, confirm payments.
- Invoice is issued before payment, and receipts are issued after payments.
- Invoices are helpful to the merchants to keep a record of the sales. Oppositely sales receipt is useful to the buyers as a proof document on made payment.
Are you tired of using computed papers as an invoice? Ease out a bit and make some change in your restaurant invoicing sheets with less effort causing ideas. Template.net is offering you several samples for documenting your restaurant sales. Have a look at them and choose the best for your business and edit them the way you want to keep them!