![]() A receipt on the other hand acknowledges that a payment has been made. An invoice is used to keep track of goods or services sold.An invoice goes to the customer who has to make the payment while a receipt may go either to the customer or to a third party as proof of payment.If a customer receives an invoice but hasn’t made the payment yet, the customer enters the payment as a Credit under Accounts Payable and a Debit under either an expense account or an asset account. ![]()
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