What is a Bill?

A bill is an official document issued by a vendor to a buyer to showcase the products and or services that the company purchases. The vendor issues you the respective supplied on credit, which is why they issue you a bill. You register this bill in your invoicing software and track it until it is paid.

What are the differences between a purchase order and a bill.

A purchase order is a document that a buyer issues to a vendor describing the products or services that a company wishes to buy. A bill is a document the buyer enters in their invoicing software to record the goods or services that they received from the vendor, which they are obligated to pay for.

Differences between PO's and Bills