Glossary

The following table lists all the commonly used terms and their definitions used in Invoices:

Term	Definition
Invoice	An Invoice is a digital document that summarises the details of an order or a transaction and allows customers to initiate payments. A typical invoice contains sale transaction information such as the name of the ordered products or services, quantities, price breakup, receipt number, customer information and so on.
GSTIN	GST Identification Number
CIN	Corporate Identity Number
IGST	Integrated Goods and Service Tax
SGST	State Goods and Service Tax
CGST	Central Goods and Service Tax
Expiry Date	The Expiry Date is the date after which the customer cannot pay for the invoice.
Issue Date	The Issue Date is the date on which an invoice is issued and sent to the customer.
Billing Address	The Billing Address is the address of the customer to be used for billing purposes. The Billing Address and Shipping Address may or may not be the same for a customer.
Shipping Address	The Shipping Address is the address of the customer to which the ordered item will be shipped. The Billing Address and Shipping Address may or may not be the same for a customer.
Place of Supply	The Place of Supply is the name of the state or the union territory to which the ordered item will be delivered.
HSN Code	Harmonized System of Nomenclature code of a particular class of item/service under GST. HSN code is 8-character long
SAC Code	Service Accounting Codes (SAC) of a particular class of item/service under GST. The character range of a SAC code can be from 2-6 characters.
Tax Rate	The Tax Rate is the rate of tax applicable for a particular class of item as per the HSN/SAC code.
Unit Price	The Unit Price is the price of a single item.
Payment Link	A short URL added in the invoice notifications that are sent to the customers via email or SMS. The customers can click the link to make online payments.