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.
What is the difference between a pro forma invoice and an invoice?
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.
Are pro forma invoices legal?
A proforma invoice isn't legally binding
A customer or buyer is not legally bound to pay a proforma invoice. ... That's why, once the transaction is confirmed, the seller should issue an official, final invoice.