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Basically, the main distinction is that one is used as an estimate, and the other as a request for final payment. A pro forma is used before goods are shipped and no payment is required. A commercial invoice is sent after the goods have been delivered and now, it is time to pay.
What to include on a proforma invoice The unique invoice number. Your company name, address and contact details. Your customers name and address. Date of issue and the due date. Description of the goods. How long the price is valid. A link to any applicable terms or conditions.
A proforma invoice is issued when a seller has discussed the preliminaries of a sale with the buyer but cannot proceed to send an official invoice since the final details of the deal arent confirmed by the buyer yet. A proforma invoice can be issued to let the buyer know what exactly to expect from the seller.
The pro-forma invoice is a preliminary bill of sale issued prior to shipping the goods. A Commercial Invoice is prepared by the exporter and is required by the foreign buyer to prove ownership and arrange for payment.
Here are steps you can follow to create a proforma invoice: Find costs. Create your proforma invoice. List the invoice items. Include agreement terms. Reach an agreement with the purchaser. Be detailed. Proofread your invoice. Customize your invoice.
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Seller details: The proforma invoice includes the details of the seller, like the company name and address, plus contact information. Buyer details: The proforma invoice also needs to include all necessary buyer information. Description of goods/services: Briefly outline the product or services youre providing.
A seller can create a proforma invoice anytime at the request of the buyer, so both parties know exactly what to expect from one another.

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