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What is an Invoice?

Learn more about the information on your invoice and what it means.

Updated over a year ago

So, you got an invoice... now what? 🧐

An invoice is a commercial billing statement issued by a seller to a buyer for services rendered. As a renter, you will receive a monthly invoice detailing the charges made to your account for the previous month.

What does the information on your invoice mean?

  • In the top left corner of the invoice, you will find the following:

    • The invoice number

    • Date of issue (this is the date the document was produced)

    • Date due (this is the date when the payment is due)

  • In the top left corner, you will see:

    • Billing information: contains your name/name of your company

    πŸ‘ Make sure this information is accurate and that you are receiving the correct bill.

  • At the center of the page, you will find an itemized list of the services rendered during the billing period, usually from the previous month. It includes:

    • Description: This includes the services you requested

    • Quantity (Qty): the number of times the service was requested during the month

    • Unit Price: how much it costs

    • Amount: the amount of money totaled for that request

  • At the end of the table, you will find:

    • Subtotal: how much it is for the requests

    • Tax: how much the state or local tax is

    • Total: The final total, including tax and any other fees

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