1. Meaning ↓
Proforma Invoice is a blogspot.com//search?q=quotation-meaning-contents-and-types-of">quotation given inwards the cast of invoice.
Invoice is a mouth of a sale transaction showing the sum to endure paid past times the buyer.
2. When Sent?
Proforma Invoice is sent at the asking of the buyer earlier he places the order.
Invoice is sent later the goods beingness despatched past times the seller.
3. Purpose ↓
Proforma Invoice enables buyer to determine whether to house the guild or not.
Invoice helps the buyer to know the exact sum due past times him to the seller.
4. Legality ↓
Proforma Invoice does non convey whatever legal validity.
Invoice is a legal document, as well as tin post away endure produced inwards the court.
5. Entries inwards the Books of Account ↓
Under Proforma Invoice, at that topographic point is no inquiry of passing entries inwards the books of account.
Invoice provides a footing for recording entries inwards the books of account.
6. Buyer's Responsibility ↓
The buyer is non saltation past times a proforma invoice to house an guild or to another thing.
The buyer is saltation to brand payment every bit per the invoice.
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