uses of bills..
.in own words
pls telll ... i will surely mark your answer brainly
Answers
Answer:
Described below.
Step-by-step explanation:
Bills are documents that recognize a buying-selling operation. The document is produced by the seller, according to the transaction taken place between the seller and the buyer. Therefore, it is agreed and accepted by the buyer.
For the seller, a Bill have many uses. Its a formal record about the transaction. This is the primary source of precious information about the transaction. Based on these, the seller can keep track of daily sales, and this can build information asset capable of business forecasting, Customer Relationship Management etc.
The customer can cross check the items purchased, respective prices, quantity and total cost. In the events of product issues, Bills are extremely useful for both parties. In such situations, Bills simplifies a great deal of inconvenience, doubts, potential mistrust, and eventually acts a pivotal instrument for driving the customer loyalty.
Apart from the mention uses, Bills can also serve as evidence regarding legal and regulatory issues. For example, handling influential hostile customer or dealing with Sales Policy Terms & Conditions.