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At the end of the mount. A firm usually get send the statment telling them what they owe and what they have paid for.

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A debit note is when a seller makes an error and sends a debit note with the difference.

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A credit note is giving to the buyer buy the seller to tell them what they have on credit

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An invoice is a type of receipt for business telling what they have to pay for.

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Is proof of purchase that may be needed in the future

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is about buying the right

goods, at the right time, at the right price, in the right quantity and of

the right quality

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A trade discount is a reduction in the price of goods and services given by the seller to trade buyers.

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VAT is a tax on goods and services. This tax is collected by the government and used for the running of the country.