Deciding Between Invoices and Cash Sales

Generally, you should enter a cash sale only if you receive assured payment at the time of the sale. This could be in the form of credit card, check or cash.

If, on the other hand, you provide terms for your customers and let them pay within a certain period of the delivery of the product or service, you should issue an invoice so you can keep track of who owes you and how much.

Related Topics

General Notices