what is the difference between invoice and proforma invoice?
Answers were Sorted based on User's Feedback
Answer / saumya srivastava
When seller sends quotation to te buyer about the
quantities and the tentative prices at which buyer can buy
is called Performa Invoice.
When buyer accepts to buy the quantities at specified
prices then the deal is called Invoice.
| Is This Answer Correct ? | 51 Yes | 58 No |
Answer / padma
Invoices : Usually Invoices are two types
Proforma Invoice : Requesting for a payment for the
particular material where the buyer is suppose to buy.
Commercial Invoices: Commercial Invoices is nothing but tax
invoice, tax invoice is raised after receiving the amount
from the buyer for his material, requesting the buyer to
issue CST/VAT forms to the seller.
Both the invoices are raised by the seller here.
| Is This Answer Correct ? | 32 Yes | 46 No |
Answer / bakul upadhyay
Performa Invoice is a only a part payment of received
agaist purchase order for advance agaist L.C. created
receiveble amount as per P.O.
ther is not counted in Tax's only on advances.
| Is This Answer Correct ? | 18 Yes | 33 No |
Answer / padma
Proforma Invoice : Preparing the bill from the seller to
the buyer for the payment for their materials received.
Invoice : Invoice is an document received from the sellers
to the buyers including all the details of the -product,
quantity, price etc.
| Is This Answer Correct ? | 58 Yes | 112 No |
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