what is the difference between invoice and proforma invoice?
Answers were Sorted based on User's Feedback
Answer / srihari
Proforma invoice nothing but the invoice is recived before
sending material for advance payment.
invoice is nothing but the invoice send with
material.payemnt for this materail will give after
suitablity.
Is This Answer Correct ? | 336 Yes | 70 No |
Answer / kishore
Pro Forma Invoice: This Pro-forma invoice is one which is
sent before the commercial Invoice(original invoice) to
receive advance payment from buyer. The seller will not
record this as 'Account Receivable' in his account and
buyer will not record it as 'Accounts Payable'in his
account. This is not true invoice.
Invoice" This is true invoice where in the seller and
buyer will record in their 'Accounts Receivable section'
and 'Accounts Payable Section'. Payment will be done once
the invoice is received by the buyer .
Is This Answer Correct ? | 166 Yes | 16 No |
Answer / kiran
Proforma Invoice :
Abridged or estimated invoice sent by a seller to a buyer
in advance of a shipment or delivery of goods. It notes the
kind and quantity of goods, their value, and other
important information such as weight and transportation
charges. Pro forma invoices are commonly used as
preliminary invoices with a quotation, or for customs
purposes in importation.
Invoice:
An invoice is a bill sent by a provider of a product or
service to the purchaser. The invoice establishes an
obligation on the part of the purchaser to pay, creating an
account receivable.
Is This Answer Correct ? | 60 Yes | 15 No |
Answer / tanuja bagdare
proforma invoice is an invoive or quotation sent by exporter to buyer before commercial invoice in which a particular estimate of product demanded is sent & is not recorded as 'accounts receivable' by exporter or 'accounts payable' by buyer.it's not a true one.
invoice is the one sent by exporter to buyer in which a detailed description of goods with quantity,price,weight etc. is provided with an accurate amount to be paid & is recorded as 'accounts receivable' or vice versa. it's the true one.
Is This Answer Correct ? | 48 Yes | 10 No |
Answer / santosh kumar
proforma invoice : when the consignor sends goods on consignment , he prepares an invoice and sends it to the consignee. This is called "Proforma Invoice". It is statement containing the details of goods consigned. It gives the particulars of quality, quantity, and price of goods consigned , details of any expenses incurred also, some times the mode of marketing.
Invoice : Invoice is a statement sent by the seller to buyer in the normal business. invoice contains the quality, quantity and price of the goods. delivery location and terms and conditions of the payment conditions.
Is This Answer Correct ? | 17 Yes | 10 No |
Answer / manish sharma
Pro Forma Invoice is created in order to inform the Customer about the value of the goods, so that he will make arrangements for the payment to be made, when goods arrive at his place.
Is This Answer Correct ? | 4 Yes | 2 No |
Answer / bharat bajpai
Performa invoice is an invoice which is sent before the commercial invoice. It include full info. about the product what seller sales to buyer. This Invoice send to buyer for knowing him about the product.
commercial invoice is one which is sent after the material/consign. Received by the buyer for taking the payment which we already taught him earlier n performa invoice.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / phaneendra kumar.devireddy
Proforma invoice is the duplicate copy of actual invoice which is sent to customer in prior to billing for information purpose Invoice is the actual invoice for which the customer is billed
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / michael
Pro forma invoice is a written statement sent by the seller to the buyer days prior to the original delivery.It describes the goods and in some cases requests for advance payments from the buyer.
commercial invoice(original invoice) is a sales document sent in conjunction with the wants that describes the goods or services to be rendered.
Is This Answer Correct ? | 1 Yes | 2 No |
Answer / gnaneswaran
performa invoice is valid only for a limited period where price of the material can change
invoice is a valid bill which has been raised after delivery so price of the material will not change
Is This Answer Correct ? | 11 Yes | 13 No |
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