Benefits of the solution

The sales invoice in NetSuite not only confirms transactions but also offers a range of features to manage and customize documents, ensuring compliance with legal standards. This leads to numerous benefits for businesses:

Time savings

Automation of the printing process eliminates the need for manual data entry

Personalization

Ability to customize invoices to meet specific company requirements

Document standarization

All invoices are generated according to a single, consistent template

Regulatory compliance

Sales invoice printouts comply with current tax and accounting regulations

A sales invoice in NetSuite is a document generated within the system confirming the sale of goods or services by a company to a customer. The solution allows for the generation of a printout that meets the required legal standards.The system also supports the printing of corrective invoices, which are used to amend errors made in the original invoice. A prepayment invoice, issued before the final service is provided or goods are delivered, serves as confirmation of the received advance payment and forms the basis for VAT settlement.The prepayment invoice printout includes details on the paid advances, their dates, and the applicable VAT settlement.

A final (settlement) invoice, issued after the service is performed or goods delivered, includes all paid advances (which may be multiple) and provides the VAT settlement.Both sales invoices, prepayment invoices, and final invoices are subject to correction using a corrective invoice.