Proforma Invoice Add Conditional Fields For Free

The main advantage of a proforma invoice is that, as it's not a finalised sales invoice, you don't need to revise it if there are changes to the goods or services you deliver (unlike a regular invoice). This can save you from needless admin.

A proforma invoice is issued when a seller has discussed the preliminaries of a sale with the buyer but cannot proceed to send an official invoice since the final details of the deal aren't confirmed by the buyer yet. A proforma invoice can be issued to let the buyer know what exactly to expect from the seller.

Editing a proforma invoice template is straightforward. Once you have selected the proforma invoice template on the Invoice2go website, follow these steps: Open the template in whichever format you choose?pdf, excel, or word document. Customize the headers and add your company logo and contact information.

A proforma invoice is a preliminary bill or estimated invoice which is used to request payment from the committed buyer for goods or services before they are supplied. A proforma invoice includes a description of the goods, the total payable amount and other details about the transaction.

Unlike an official invoice, a pro forma invoice is simply used to prevent misunderstandings about the specifics of a transaction, such as the amount due. It is usually issued at the time an order is placed, so that the buyer can clarify any questions about the price or date of delivery.

In that sense, a proforma invoice is more like a sales quote than a final sales invoice. That means you shouldn't record the total amount due under your accounts receivable or use the proforma invoice to reclaim value-added tax (VAT).

Why payments cannot be made on proforma invoices. For starters, a proforma invoice is not an official document. This means that the customer isn't obligated to pay the amount on the proforma invoice. Proforma invoices don't meet the requirements for an invoice.