Proforma Invoice Replace Dropdown List For Free

A proforma invoice is also sent to a customer before your products are delivered or your services provided, but it is considered more binding than a quotation although not legally binding like a completed invoice.

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.

A pro forma invoice is made before the sale actually happens. A supplier will issue a Pro forma invoice if a customer requests him to produce a document for goods and/or services yet to be delivered. For example: A two wheeler customer might agree to the price of a bike on the pro forma invoice.

What Is the Difference Between an Invoice and Proforma Invoice? While an invoice is a commercial instrument that states the total amount due, the proforma invoice is a declaration by the seller to provide products and services on a specified date and time.

Whereas the proforma invoice is like a quotation, is not legally binding and is sent before the sale and details have been confirmed. A sales invoice can also serve as a tax invoice, since it includes VAT/GST and other taxes. The final sales invoice can be used to reclaim VAT/GST.

An invoice sent by a seller to an international buyer detailing the goods to be purchased and the precise terms of the purchase, including purchase price and currency. This document should also provide the Harmonized code(s) of the goods to ensure the correct calculation of customs duties.

The purpose of a proforma invoice is to show how much goods or services will cost to help the customer decide if they want to go ahead with the purchase.