Glossary

What is the difference between an invoice and a receipt?

An invoice is a request for payment: it lists what is owed and when it is due. A receipt is proof of payment: it confirms money changed hands. The invoice comes first and asks; the receipt comes after and confirms.

What each document is for

You send or receive an invoice to say a payment is due. Once it is paid, a receipt records that it happened, which is what you keep for your books and, often, for taxes.

Where the confusion comes from

A single PDF sometimes does both jobs, an invoice stamped 'paid' doubles as a receipt. That is fine, but for clean books you still want to know which state each document is in: owed, or settled.

InvoiceJet extracts invoice fields (vendor, amount, dates, line items) with a confidence level on each, and tracks whether an invoice is marked paid, so the owed-versus-settled question has a clear answer without digging through email.

Common questions

Can I use InvoiceJet for receipts too?

InvoiceJet is built for invoices, the documents that request payment. A receipt confirming a payment you already made is a different record and is not what the extraction pipeline is tuned for.

Keep reading

Turn your next invoice into verified data

Free for 10 invoices a month, no card. Every field carries a confidence level and cites its source.