Proforma Invoice Hide EU Currency Field For Free

If you import goods as part of your business, you can use a pro forma to estimate their value for customs clearance, but you'll still need to supply a commercial invoice within 180 days.

A final sales invoice (also called a commercial invoice, final invoice, or official invoice) is a business instrument that states the total amount due and requests payment. A proforma invoice is a declaration by the seller to provide products or services in the future and isn't a legally binding agreement.

In effect it is a request for a payment in advance. The proforma is not an invoice and cannot be used for accounting purposes, either by the customer or the supplier, but is a commercial document setting out the goods or service to be provided and the cost of them.

Ing to HMRC, proforma invoices aren't considered to be commercial invoices or VAT invoices. As they aren't considered to be VAT invoices, you can't reclaim VAT using any proforma invoices that you've been sent by a supplier; instead you need a full, finalised invoice.

The customer's name and address. A unique sequential invoice number. The supplier's VAT registration number. The tax point date (also known as the date of supply) that the goods/services were provided.

[13MB] A pro forma invoice is a quote in an invoice format that may be required by the buyer to apply for an import license, contract for pre-shipment inspection, open a letter of credit or arrange for transfer of hard currency.

A proforma invoice is a preliminary invoice that is sent to a buyer before a sale is confirmed. This invoice highlights the deliverables from the seller's end such as the goods or services to be delivered, their prices, shipping information, and delivery date.