1. Meaning ↓
Invoice is a nib of a sale transaction showing the total to hold out paid yesteryear the buyer.
Delivery Federal Reserve notation is a Federal Reserve notation sent yesteryear the seller to the buyer informing virtually the despatch as well as delivery of goods.
2. Contents ↓
Invoice gives details of a sale transaction i.e. description of goods supplied, rate, expenses, total payable, etc.
Delivery Federal Reserve notation exclusively gives details of quantity supplied.
3. When Sent?
Invoice is usually sent subsequently the despatch of goods or along alongside the goods.
Delivery Federal Reserve notation is sent along alongside the despatch of parcel.
4. Who Prepares?
Invoice is prepared yesteryear accounts department.
Delivery Federal Reserve notation is prepared yesteryear despatch department.
5. Acknowledgement ↓
In example of invoice, at that topographic point is no bespeak for whatever acknowledgement from the buyer.
Delivery Federal Reserve notation needs to hold out acknowledged.
6. Accounting Entries ↓
Invoice forms the footing for accounting entries inward sales as well as purchase books.
Delivery Federal Reserve notation cannot hold out the footing for making entries inward the books of accounts.