These remittance templates can be used for audit purposes after taking into account the interest of parties.

One must consider it as helping tool as it is equipped with all the required details of the buyer, seller and the item. With the help of these documents, it will be easy for you to keep track of the purchased item in transit.

These documents are not compulsory but are of great assistance as these will assist the account department easily matches the invoices with payments. It is used in daily business transactions along with the payment methods, either through cash or credit. Moreover, the document will also provide information regarding reasons of payment, its adjustments and any uncovered charges or claims.

It is of great importance, no doubt about it, as it will assist you by providing all the relevant information regarding the payments or transaction.

A remittance advice template is a formal document sent by a customer to the supplier of products or services, in order to convey the message that the invoice has been paid.

Free invoice template in word 2007