Convert Orders to Invoices

Order

• Definition – A request from a customer to purchase goods or services.

• Purpose – Confirms what the customer wants, in what quantity, at an agreed price.

• Timing – Created before goods or services are delivered.

• Key Details – Product/service descriptions, quantities, prices, delivery dates, and terms.

• Initiated by – Typically the customer (e.g., Purchase Order) or the seller’s sales team (e.g., Sales Order in Figgro).

Invoice

• Definition – A formal bill sent by the seller to the customer requesting payment.

• Purpose – Documents what has been delivered and the amount owed.

• Timing – Issued after goods/services are delivered or milestones are met.

• Key Details – Invoice number, delivery details, payment terms, due date, and total amount payable.

• Initiated by – The seller to request payment from the buyer.

In short:

• Order = Request to buy (starts the process).

• Invoice = Request to pay (ends the process).

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Duration 1.14min