Page 1 of 1

What is a Proforma Invoice?

Posted: Sat Dec 07, 2024 3:14 am
by bitheerani674
A Proforma Invoice is an informative document with no fiscal validity issued before the exchange of goods and/or services.

For example, a potential customer requests proforma band phone number data from several telecommunications companies with quotes for a specific mobile phone and its accessories. This way, he can compare features and prices and get the best deal for the desired device.

This document, even though it is informative, is communicated to the Tax Authority .

The proforma invoice is also used in international trade, informing both the buyer and the customs authorities about the details of the possible order.

What is the difference between a Proforma Invoice and a Quote?
The proforma invoice and the quote are identical documents, that is, both aim to provide a quote for a specific product or service.

Image

Although these two documents have the same purpose, the way they are used differs. The proforma invoice is essentially used by companies that sell products, while the quote is more common in companies that provide services.