An advance payment invoice template is an important document having a description of advance payment received by the buyer for advance booking of material or goods. This invoice is issued by the shopkeeper or dealer as evidence of advance payment. It is a type of receipt having all details about different aspects of payment. In some cases, many people pay the amount for the purpose of booking a product, goods or services, then the dealer gives an invoice for the advance payment. An advance payment invoice is highly used in the business field and plays an important role in defining useful circumstances of payment such as method of payment, amount of payment, date and time of payment, address and contact information of both parties along with the signature of the shopkeeper or dealer. It is an accounting tool having the ability to contain brief details about all circumstances related to the advance payment, such as terms and conditions. Many companies and organizations take advance payment from their customers and provide them with materials after a specific interval of time which is mentioned on the invoice. This evidence of payment can be enforceable by law on the occurrence of any obligation.