Proforma Invoice Delete Field Settings For Free

Using Standard SAP it is not possible to cancel the proforma invoice. You can only complete the proforma invoice. Use the menu path Billing Document --> Complete or Shift+F5 in VF02 transaction.

As a proforma invoice is not a legally binding document, or the official invoice used for accounting, they do not need to be cancelled. Similarly to a quotation document, if the sale does not go ahead, no action is required to edit or cancel the proforma invoice.

A proforma invoice is a document a business sent to the customer before the details of the sale have been finalised. It'll usually have the same format as a standard invoice, however, the document will be titled 'proforma invoice'.A customer is not legally required to pay the amount on a proforma invoice.

Only after a proforma invoice is converted to a true invoice will its value be registered in your accounts; this is because, until that point, there is no guarantee that the customer will agree to your terms.

Since it is a quotation for goods under question, the buyer is not required to make payment against such an invoice. In other words, such an invoice is not a tax invoice as it does not lead to recording of accounts receivable for seller and accounts payable for buyer. Thus, Pro Forma GST Invoice is not legally binding.

Deleting a Proforma InvoiceExpand the Module Menu and click the Accounting module hyperlink to open the Accounting module.Expand the Scheduled Processes group item to see the list of available action items.Click the Delete Proforma Invoices hyperlink.More items...

Choose Custom Form Styles. At the upper right corner, click the drop-down for New Style, and select Estimate. On the Content tab, change Estimate to Proforma Invoice. Click Done.