The itemized “bill” for services rendered or products ordered.

 

"We finally received an invoice for the part 25 order from 3 months ago."

 

"Our policy is to invoice NET/25days meaning we expect payment within 25 days, or we begin accruing interest on the invoice amount."

 

"We generally turn accounts over to collection agencies when they are 90 days past the invoiced due date."

 

"While few are late to invoice, many are late to pay."