Re-invoiced

To re-invoice means to create a new invoice for a previously billed transaction, often with updated information, corrections, or due to changes in the original agreement. This action typically replaces the original invoice and is issued to the same customer. Re-invoicing can occur for a variety of reasons including errors in pricing, incorrect quantities, alterations in service descriptions, adjustments based on negotiations, currency fluctuations, or unforeseen circumstances that impact the initial billing. It's a process crucial for maintaining accurate financial records and ensuring fair transactions between parties. The re-invoiced document will contain new identifiers as necessary, such as a new invoice number, date and any new terms that replace those on the original invoice.

Re-invoiced meaning with examples

• After a shipping mishap, the vendor re-invoiced the client with an adjusted price reflecting the damage, and re-sent the new invoice. The initial bill was voided. This protected the customer and updated the accounting. A new tracking number was included to allow the client to track their shipment's journey.
• The service provider re-invoiced the client when it became clear the original invoice used the incorrect hourly rate for the consulting. The new invoice clearly reflected the corrected amount owed. This ensured accurate financial reporting, transparent accounting and avoided any confusion about payment terms.
• Due to a sudden change in the exchange rate, the international seller re-invoiced the buyer to reflect the increased cost of the goods. The new invoice provided the updated amount in the buyer's local currency, which helped maintain the transaction in alignment with international payment standards.
• Following a post-sale discount negotiated with the customer, the company re-invoiced the client with the reduced price. This ensured the customer paid the correct amount. This was a positive result for customer satisfaction and reduced the potential for payment disputes.