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Startup Tips

What\\\'s the difference between a sales invoice and an official receipt?

Know when to correctly issue an official receipt or a sales invoice.

Q: What is the difference between a sales invoice and an official receipt?A: Sale invoice is used if you sell merchandise/goods. Official receipts for services. Both documents can also be used together. Official Receipt can be issued upon collection of payment from ...

by Henry Ong  | January 22, 2013 03:00:00
Business Ideas

Is a bill also considered a receipt?

When can a customer demand a sales invoice or an official receipt?

Despite a national reputation as enthusiastic spenders and dedicated consumers, many Filipinos remain confused about some very basic shopping and retail terminologies.In fact, it is likely that even business owners won’t be able to answer such questions as the following: “What is ...

October 07, 2011 02:00:00
Startup Tips

Issuing receipts while joining a bazaar

How do you issue receipts if you are not a registered company?

In this edition of Ask the Expert, financial planner Henry Ong explains to us the need to issue receipts even when joining bazaars and what to do if you are not operating a registered businessQ: If I join  a bazaar this Christmas ...

December 30, 2010 02:00:00