Importance of Invoicing.

Invoicing is very important to a business as well as to the management accounting, it is because invoicing helps the business to ensure the smooth operation of the business,and also to the accuracy and correctness of the billing system of an organization.Invoicing is a one of the tool use in the business because it is considered as a major proof of transaction between the seller and the buyer.

As to the management accounting invoicing is also important because, it serves as an accounting record of the business that can be a basis to any accounting operation. Invoice is use in making financial statement that the business should have.