Proforma Invoice Hide Data For Free

Proforma invoices are preliminary invoices that inform clients about the terms of sale. The preliminary invoices are created for internally checking invoices or for enabling customers to check their invoices. The invoices are not included in accounts receivable and payable.

A pro forma invoice is a quote in an invoice format that may be required by the buyer to apply for an import license, contract for pre-shipment inspection, open a letter of credit or arrange for transfer of hard currency.

Download your free proforma invoice template. Add your name, your business name and your contact information. Customize with your business branding and logo. Fill out the customer's name, business and contact details. Include a unique invoice number, invoice date and payment due date.

Like a regular invoice, proforma invoices should include contact details, a date of issue, a description of the goods or services provided, the total amount due, and any VAT. They might also include payment details or terms and conditions such as which methods of payment you accept and when payment is expected.

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.

Note: only after a pro forma invoice is converted into a true invoice will its value be registered in your account. This is because, until that point, there is no guarantee the customer will agree to your terms.

As a proforma invoice is not a legally binding document, or the official invoice used for accounting, they do not need to be cancelled.