# Buyer's invoice

> The invoice issued to the successful bidder after the sale, listing the lots bought with their hammer prices, the buyer's premium, applicable taxes and any shipping or other charges.

- URL: https://www.selloff.auction/glossary/buyers-invoice
- Language: English
- Also known as: Buyer's statement, Purchase invoice
- Last updated: 2026-10-07
- Français: https://www.selloff.auction/fr/glossaire/facture-acheteur.md

## Definition

The invoice issued to the successful bidder after the sale, listing the lots bought with their hammer prices, the buyer's premium, applicable taxes and any shipping or other charges.

Buyer's invoices are usually issued within hours of the sale so that payment and collection can start quickly. Clients who bid under several numbers, in the room and online for example, generally prefer a single invoice.

In Selloff, invoices are created for all bidders at once from the bidders to invoice screen. They can combine a client's bidder numbers, include the buyer's premium, insurance, VAT and platform fees, and are printed or emailed in batches.

## Related features

- [Automatic invoicing](https://www.selloff.auction/features/automatic-invoicing.md): Create buyer invoices and consignor statements from recorded sales in a few clicks, with premium, insurance, fees, shipping and VAT calculated automatically.
- [Payment tracking & reminders](https://www.selloff.auction/features/payment-tracking.md): Record and apply payments, see what each client owes, send reminders at three levels with fees, and follow receivables in the aging report.
- [Online payments](https://www.selloff.auction/features/online-payments.md): Let buyers pay invoices, guarantees and free amounts online via Stripe, Datatrans or Saferpay, with fees and payment statuses tracked in Selloff.

## Related terms

- [Hammer price](https://www.selloff.auction/glossary/hammer-price.md): The price at which the auctioneer knocks a lot down to the winning bidder, before the buyer's premium, taxes and other charges are added. It is the basis for both the buyer's invoice and the consignor's settlement.
- [Buyer's premium](https://www.selloff.auction/glossary/buyers-premium.md): A charge, usually a percentage of the hammer price, that the buyer pays to the auction house on top of the hammer price. The rate is published in the conditions of sale and can differ from one sale to another.
- [VAT on buyer's premium](https://www.selloff.auction/glossary/vat-on-buyers-premium.md): The value added tax charged on the buyer's premium, which pays for a service provided by the auction house. Its rate and calculation depend on the country of sale, the tax status of the lot and sometimes the buyer's location.
- [Consignor settlement statement](https://www.selloff.auction/glossary/consignor-settlement.md): The statement sent to a consignor after the sale showing each lot's result, the hammer prices, the deductions (seller's commission, fees, insurance) and the net amount payable.