What is Proforma Invoice?
In trade transactions, a proforma invoice is a document that states a commitment from the seller to sell goods to the buyer at specified prices and terms. It is used to declare the value of the trade. It is not a true invoice because it is not used to record accounts receivable for the seller and accounts payable for the buyer.
Simply, a “proforma invoice” is a “confirmed purchase order” where buyer and supplier agree on detail and cost of the product to be shipped to the buyer. A proforma invoice is generally raised when the seller is ready for dispatching the material but he wants to ensure that the payment is being sent before dispatch. And similarly, the customer also wants to know which components are included in the pro forma invoice to avoid disagreements later.
A sales quote is prepared in the form of a proforma invoice which is different from a commercial invoice. It is used to create a sale and is sent in advance of the commercial invoice. The content of a pro forma invoice is almost identical to a commercial invoice and is usually considered a binding agreement, but because a pro forma invoice is not a legally-binding document, the price may change in advance of the final sale.
A proforma invoice can also be used for shipments containing items that are not being bought or sold, such as gifts, samples and personal belongings, whereas a commercial invoice is used when the commodities shipped are being bought or sold. However, it is best to use a customs invoice or declaration as border officials require values for the export declaration. A Customs Invoice or declaration is commonly used in New Zealand for air parcel post shipments.
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Proforma Invoice Format No. 01 (Proforma Invoice Format in Excel) |
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Proforma Invoice Format No. 02 (Proforma Invoice Format for GST) |
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Proforma Invoice Format No. 03 (Proforma Invoice Template) |
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Proforma Invoice Format No. 04 (Proforma Invoice Format Excel) |
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Proforma Invoice Format No. 05 (Proforma Invoice Format in Excel GST) |
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Proforma Invoice Format No. 06 (Simple Proforma Invoice Template .xls) |
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Proforma Invoice Format No. 07 (Proforma Invoice Free Download) |
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Proforma Invoice Format No. 08 (Simple Proforma Invoice Template) |
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Proforma Invoice Format No. 09 (Proforma Invoice Template xls) |
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Proforma Invoice Format No. 10 (Top Proforma Invoice Template .xls) |
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Proforma Invoice Format No. 11 (Proforma Invoice In Excel Format) |
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Proforma Invoice Format No. 12 (Proforma Invoice Format xls) |
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Proforma Invoice Format No. 13 (Proforma Invoice Editable Format) |
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Proforma Invoice Format No. 14 (Proforma Invoice Advance Payment) |
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Proforma Invoice Format No. 15 (Proforma Invoice xls File) |
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Proforma Invoice Format No. 16 (Proforma Invoice Format In .xlsx) |
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Proforma Invoice Format No. 17 (Proforma Invoice Format For GST) |
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Proforma Invoice Format No. 18 (Xl Proforma Invoice) |
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Proforma Invoice Format No. 19 (Proforma Invoice In Consignment) |
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Proforma Invoice Format No. 20 (Proforma Invoice Purchase Order) |
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Proforma Invoice Format No. 21 (Proforma Invoice For Export PDF) |
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Proforma Invoice Format No. 22 (Definition of Proforma Invoice) |
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Proforma Invoice Format No. 23 (Proforma Invoice In Quickbooks) |
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Proforma Invoice Format No. 24 (Proforma Invoice In Zoho Books) |
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Proforma Invoice Format No. 25 (Importance Of Proforma Invoice) |
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Proforma Invoice Format No. 26 (Download Proforma Invoice In Excel) |
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Proforma Invoice Format No. 27 (Proforma Invoice) |
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Proforma Invoice Format No. 28 (Proforma Invoice Number Format) |
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Proforma Invoice Format No. 29 (Simple Proforma Invoice Format ) |
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Proforma Invoice Format No. 30 (Make Proforma Invoice ) |
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Proforma Invoice Format No. 31 (Proforma Invoice Is Sent) |
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Proforma Invoice Format No. 32 (Proforma Invoice Excel Format) |
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Proforma Invoice Format No. 33 (Proforma Invoice For Services) |
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Proforma Invoice Format No. 34 (Excel Proforma Invoice Format) |
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Proforma Invoice Format No. 35 (Proforma Invoice For Car Sale) |
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Proforma Invoice Format No. 36 (Proforma Invoice Requirements) |
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Proforma Invoice Format No. 37 (Proforma Invoice In Sap Tcode) |
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Proforma Invoice Format No. 38 (Invoice And Proforma Invoice) |
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Proforma Invoice Format No. 39 (Proforma Invoice Format) |
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Proforma Invoice Format No. 40 (Download Proforma Invoice) |
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Proforma Invoice Format No. 41 (Proforma Invoice And Invoice) |
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Proforma Invoice Format No. 42 (Make Proforma Invoice Online) |
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Proforma Invoice Format No. 43 (Proforma Invoice Mail Format) |
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Proforma Invoice Format No. 44 (Woocommerce Proforma Invoice) |
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Proforma Invoice Format No. 45 (Excel Proforma Invoice Download) |
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Proforma Invoice Format No. 46 (Proforma Invoice Online Free) |
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Proforma Invoice Format No. 47 (Best Proforma Invoice Format) |
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Proforma Invoice Format No. 48 (Proforma Tax Invoice) |
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Proforma Invoice Format No. 49 (Function Of Proforma Invoice) |
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Proforma Invoice Format No. 50 (Proforma Invoice Woocommerce) |
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Proforma Invoice Format No. 51 (Sap Proforma Invoice Process) |
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Proforma Invoice Format No. 52 (Proforma Invoice For Payment) |
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Proforma Invoice Format No. 53 (Unique Proforma Invoice) |
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Proforma Invoice Format No. 54 (New Proforma Invoice) |
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Proforma Invoice Format No. 55 (Amazing Proforma Invoice) |
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Proforma Invoice Format No. 56 (Amazing New Proforma Invoice) |
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Proforma Invoice Format No. 57 (Proforma Invoice Format Excel) |
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Proforma Invoice Format No. 58 (Proforma Invoice Quickbooks) |
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Proforma Invoice Format No. 59 (Purpose Of Proforma Invoice) |
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Proforma Invoice Format No. 60 (Proforma Invoice In English) |
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[MBA in Finance]
Nazim Khan is an expert in Microsoft Excel. He teaches people how to use it better. He has been doing this for more than ten years. He is running this website (TechGuruPlus.com) and a YouTube channel called "Business Excel" since 2016. He shares useful tips from his own experiences to help others improve their Excel skills and careers.
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