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O. #, Sales Rep Name, Terms and Due Date.
Here we will share you some common terms and conditions used in an Invoice.
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It is based on the information provided, and may be inappropriate if additional information is forthcoming, or specifications change. Each and every commercial transaction is actually a contract between the Seller and Buyer and minus a writing expressing the terms, it becomes an oral contract with all the problems inherent in proof and expense that oral contracts necessarily entail. (See the Article on the Web Site relating to Contract.) Put simply, it will be a question of veracity as to who the judge or jury believes in. The lesson here: Pay close attention to the payment terms on your invoices.
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