Proforma Invoice Remove Amount Field For Free

A proforma invoice should not have an invoice number. Invoice numbers are reserved for completed invoices. Once a proforma invoice is finalised, the completed invoice should follow your invoice number sequence. The issue date of the proforma invoice doesn't need to match the date of the finalised invoice.

A proforma invoice (or a pro forma invoice, preliminary invoice, or simply proforma) is a preliminary bill of sale sent to a client before work is completed. Unlike a typical invoice, it's a commitment to goods or services that haven't yet been delivered.

A proforma invoice shouldn't include an invoice number, and it should clearly state 'proforma invoice' instead of just 'invoice'.

A proforma invoice is a preliminary bill or estimated invoice which is used to request payment from the committed buyer for goods or services before they are supplied. A proforma invoice includes a description of the goods, the total payable amount and other details about the transaction.

Because proforma invoices aren't considered to be official invoices, they're not subject to the same rules and regulations, so it isn't strictly necessary to include details about VAT on any proforma invoice that you send. However, there are a couple of advantages to including this information.

Commercial invoices reflect the actual sale and demand payment for the goods or services, whereas pro forma invoices serve as estimates or bids and give potential customers a general idea of projected prices.

In that sense, a proforma invoice is more like a sales quote than a final sales invoice. That means you shouldn't record the total amount due under your accounts receivable or use the proforma invoice to reclaim value-added tax (VAT).

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.

What Is the Difference Between an Invoice and Proforma Invoice? While an invoice is a commercial instrument that states the total amount due, the proforma invoice is a declaration by the seller to provide products and services on a specified date and time.

A proforma invoice is usually sent when a customer has committed to a purchase but can't be sent an official invoice because the final details haven't been confirmed. On the other hand, a quote is sent to a customer who has made an enquiry but wants more information before making a commitment to buy anything.