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Invoicing

Invoice vs. Receipt

The short answer

An invoice is a request for payment, sent before or when the money is owed. A receipt is proof that payment already happened. If a client asks for a receipt before they’ve paid, what they actually need is an invoice.

What it means

The two get swapped constantly in conversation, but a bank, an accountant, or the tax office cares about the difference. An invoice says “you owe me $400, due by this date.” A receipt says “you paid $400 on this date” — proof of a completed transaction, not a request for one.

Most small jobs only need the invoice — once it’s paid, marking it paid is usually enough of a record. A separate receipt matters more for cash payments, where there’s no bank statement backing up that the money changed hands, or when a client specifically needs one for their own expense records.

For example

A client pays cash for a $150 repair. You’ve already given them the invoice, but they ask for “something showing I paid.” You issue a receipt referencing that invoice number, dated the day of payment — now they have proof for their own records.

The mistake to avoid

Sending an invoice and calling it a receipt in the email — harmless until a client’s accountant asks for an actual receipt and you have to explain the invoice they filed doesn’t count as one.

See also

Want this handled automatically?

BizBinder keeps quotes, invoices, deposits, and reminders in one binder, so using the right term is the least of it — the underlying habit runs itself.