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The difference between factura, cuenta and recibo from...in Focus monthly newsletter
 
The difference between factura, cuenta and reciboWe thought this was an excellent explanation of the difference between factura, cuenta and recibo. Hope it helps you also.
Factura (invoice) is the proof of payment with tariff schedule; this is used among companies to know what they spent and taxes they payed.
Example: If Coca-Cola buys a truck, it requires the invoice to prove ownership and payment of government taxes.
Other example: When companies send you out of town, you are required to ask for the invoice to prove the expenses you made with the company's budget.
Cuenta (bill) is also a proof of payment, but is more related to a restaurant environment.
Example: if you go to a restaurant, you ask for the bill to know how much you'll pay as a total, NOT how much tax is charged.
Recibo (receipt) is also a proof of payment, but, in this case, it is usually used by small businesses when you make a purchase.
Example: When you buy something in GAP, ZARA, Bath and Body works, Steren, etc
Source: wordreference. com