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What is the difference between a bill, statement and an invoice?
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01-26-2016, 03:31 PM
Simpler=Better
Ham Shanker
Join Date: May 2008
Location: Baltimore, MD
Posts: 2,544
Invoice(aka quote)-you want XYZ, it's going to cost you $123
Bill-we did/sold XYZ, you owe us $123
Statement-These are the past ABC transactions we've had together, the $456 they cost, and where we stand now.
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