If you own a business, then proper knowledge about invoices becomes essential. An invoice is a document that can be used to package up the services or products that your business provides. It can also serve as a record of the transaction for both you and your customer.
What is a Pro Forma Invoice?
A Pro Forma Invoice is an initial invoice generated using free invoice software by the seller to give the buyer necessary information about the goods. It contains a summary of an agreement between two parties and the terms of the same, and can be used as an estimate for future sales.
Purpose of a Pro Forma Invoice
The purpose of a Pro Forma Invoice is to provide an estimated cost of the goods to the buyer. It also makes the buyer understand the content of the goods before making a purchase.
When is a Pro Forma Invoice Generated?
A Pro Forma Invoice is often considered as a business proposal
What is a Tax Invoice?
A Tax Invoice is generated by the seller when a purchase is made. It includes the description of the goods/services purchased by the buyer. A Tax Invoice indicates the confirmation of the sale and is non-negotiable. It requests the buyer to make the payment for the goods purchased and includes details of the goods/services
What is a tax invoice?
A tax invoice is a document that contains information about the amount of money or goods owed. It can also be used as evidence in any trades between two parties.