What do invoices and receipts mean? What is the difference? Tell me your understanding.

Invoices refer to receipts and payment vouchers issued and collected in business activities such as buying and selling goods, providing services or receiving services. The two biggest functions of invoices are: first, the legal proof of business activities, which is not only the proof of the buyer's expenditure, but also the proof of the seller's income and the basis of financial accounting. The second is an effective proof to protect the legitimate rights and interests of consumers. If there is a quality problem, you can claim compensation. The tax bureau is responsible for the management of invoices. Taxpayers who need invoices should apply to the tax bureau for purchase or invoice.

Receipt is a kind of bill used for non-production and operation funds. At present, there are two kinds of formal receipts: one is the non-tax revenue bill supervised by the financial department, which is mainly used in administrative institutions and social organizations; Second, the receipts provided by local tax authorities are mainly used for non-production and operation funds between taxpayers.