Invoicing glossary
Remittance advice
Remittance advice is a note a customer sends to confirm which invoices a payment covers.
Remittance advice: a clear definition
When a client pays several invoices at once, remittance advice tells you exactly which ones the payment settles, so you can mark the right invoices as paid. It's especially useful for businesses with lots of overlapping invoices.
How Invco helps
Invco is an AI invoicing assistant that handles remittance advice and the rest of your billing for you. Design a custom invoice template, then let Claude create and send invoices on it in plain English — with subtotals, tax, and totals calculated automatically and every invoice tracked from sent to paid. Start free with one company.
- Related terms: Accounts receivable
Frequently asked questions
What is remittance advice?
Remittance advice is a note a customer sends to confirm which invoices a payment covers.
What is accounts receivable?
Accounts receivable (AR) is the money customers owe a business for goods or services already delivered but not yet paid for.
Invoice the easy way with Invco
Let an AI assistant create and send your invoices on a template that looks like your brand. Start free with one company — no credit card required.
Get started — it's free