what is the difference between 'Quotation' & 'Profarma
Invoice'?
Answer Posted / ketaki ghaisas
Quotation : Quotation is a offer price list of goods
prepared by seller.
Proforma Invoice : Proforma invoice is the draft to
intimate customer that the goods are ready for dispatch. It
is prepare before invoicing. Generally the companies who
manufactured the goods according to the customers
requirement i.e. specialised products execute financial
dealings against proforma invoice.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
Define a company's payable cycle?
How is an accounting department structured?
What is ppe in accounting?
Do you know what is project implementation?
WHAT ARE THE MOST ELEMENTS OF YOUR JOB?
What is dividend warrants?
What's the accounting entry when an Invoice is created in AR?
What are the AP accounting entries for EXPENSE ITEM VS Inventory Item in oracle ERP
How much mathematics knowledge is necessary or required in accounting?
what is the nature of profit and loss approprition account.which entity prepare this.
Tell me what does the standard journal entry includes?
Can you name different branches of accounting?
Define dual aspect term in accounting?
is it related to b.com syllabus or puc syllabus
What does an accurate trial balance suggest?