Pro forma invoices are an important document in international trade. They provide buyers and sellers with a detailed estimate of the cost of goods or services, along with the terms and conditions of the transaction. While they are not legally binding, they play a vital role in ensuring that the transaction goes smoothly and that all parties involved are aware of what to expect.
A pro forma invoice is a preliminary document that is issued by a seller to a buyer. This document provides an estimated cost of goods or services that are to be provided by the seller. Unlike a commercial invoice, a pro forma invoice is not a legally binding document.
Pro forma invoices are often used as a pre-transaction agreement that outlines the expected costs, terms, and conditions for a future sale or transaction. They are commonly used in international trade, where buyers may need to secure import permits, arrange for payment, or obtain financing before the final transaction can be completed.
Pro forma invoices typically include the following information:
A pro forma invoice is not the same as a commercial invoice. A commercial invoice is a legally binding document that is issued after the sale is finalized and acts as a bill for the goods or services provided. A pro forma invoice is issued before the sale is finalized and is not legally binding.
A pro forma invoice is also different from a quotation. While a quotation provides an estimate of the cost of goods or services, a pro forma invoice is more detailed and provides a closer approximation of the final cost. In addition, a quotation is not typically considered a formal document and may not contain all the information required for a transaction. Pro forma invoices, on the other hand, are more comprehensive and provide a detailed breakdown of the costs and terms of the transaction.
With Mercury your packages are delivered on time and in perfect condition. Don't settle for anything less, choose Mercury for all your shipping and logistics needs. Contact us today to get started.
This website uses cookies. By accepting the use of cookies, this message will close and you will receive the optimal website experience. For more information on our cookie policy, please visit our Privacy Policy.
