Document background
The Commercial Sales Invoice is a critical business document used in Irish commercial transactions to formalize sales of goods or services. It serves as both a tax document and a legal record of the transaction, requiring compliance with Irish and EU regulations, particularly regarding VAT and business documentation requirements. This document should be used for all business-to-business and business-to-consumer sales transactions where a formal record of the sale is required. The invoice must include mandatory elements such as company details, VAT numbers, itemized descriptions, and payment terms as prescribed by Irish law. It plays a crucial role in business operations, tax compliance, and financial record-keeping, while also serving as a legally recognized document for payment collection.
