1. Meaning ↓
Proforma Invoice is a blogspot.com//search?q=quotation-meaning-contents-and-types-of">quotation given inwards the shape of invoice.
Invoice is a neb of a sale transaction showing the total to hold upward paid yesteryear the buyer.
2. When Sent?
Proforma Invoice is sent at the asking of the buyer earlier he places the order.
Invoice is sent subsequently the goods existence despatched yesteryear the seller.
3. Purpose ↓
Proforma Invoice enables buyer to stimulate upward one's heed whether to house the guild or not.
Invoice helps the buyer to know the exact total due yesteryear him to the seller.
4. Legality ↓
Proforma Invoice does non accept whatever legal validity.
Invoice is a legal document, too tin hold upward produced inwards the court.
5. Entries inwards the Books of Account ↓
Under Proforma Invoice, at that spot is no query of passing entries inwards the books of account.
Invoice provides a solid seat down for recording entries inwards the books of account.
6. Buyer's Responsibility ↓
The buyer is non saltation yesteryear a proforma invoice to house an guild or to another thing.
The buyer is saltation to brand payment equally per the invoice.
