In QBO,what Is the Difference Between a Sales Receipt and an Invoice

In QBO,what is the difference between a Sales Receipt and an Invoice?

A) A Sales Receipt records a sales transaction when the customer pays at the time of sale (when the products or services are provided to the customer) .An Invoice is recorded when the product or service is provided to the customer and the customer promises to pay later.
B) A Sales Receipt records when the product or service is provided to the customer and the customer promises to pay later.An Invoice records a sales transaction when the customer pays at the time of sale when the product or service is provided to the customer.
C) A Sales Receipt records a sales transaction when the customer pays at the time of sale (when the product or services are provided to the customer) .An Invoice records when the product or service is provided to the customer and the customer determines that they are not able to pay.
D) A Sales Receipt records a sales transaction when the customer pays at the time of sale (when the product or service is provided to the customer) .An Invoice is used to record a pending charge to a customer that will occur at a future date.

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free