- Standard Invoice
- Shipping Invoice
- Service Invoice
- Pro-forma Invoice
- Commercial Invoice
- Recurring Invoice
The standard invoice is the most common invoice type. The standard invoice includes all of the basic information needed to complete an invoice, including contact information for the buyer and seller, an invoice number, an invoice date, itemized purchases, and a clearly defined subtotal.
The shipping invoice serves as a formal payment agreement for goods sold between a seller and a customer. For shipping invoices, information typically includes the cost and number of each item, the subtotal after shipping fees and taxes, the contact information of both parties, as well as an invoice date and number.
The service invoice is often used by service businesses that bill customers based on hourly rates for services such as consultants, graphic designers, website developers, lawyers, auto repair technicians, and so on. On service invoices, the subtotal is a reflection of the billable hours invested.
The pro-forma invoice can be best compared to a quote or estimation. The pro-forma invoice type is often used as a first step in negotiating a payment agreement and is not considered a true invoice, as it does not demand payment.
The commercial invoice is used for customs in instances where goods are being exported across international borders. The commercial invoice contains many of the elements of a standard invoice, in addition to the manufacturing country of the goods, what the items are being used for, the Harmonized System codes (if known), the number of packages and their total weight, and the reason for export.
The recurring invoice typically contains a fixed price and is sent on a monthly basis for rented goods or services such as an apartment, business software, cell phone bills, and so on. Recurring invoices will continue to be sent until the customer's contract or subscription expires.