The pro forma invoice is not a legal invoice it is an advance invoice to convey information about this transaction to know whether both seller or buyer are on the same page or not. It is a crucial step that sets the direction of your transaction. This invoice is very similar to the sale quote, where the supplier outlines the product quality and price before the service completion or delivery of the product. The pro forma invoice helps the buyer to know about the final price before the transaction is finalized. It is the best way to be sure for the seller about payment and buyer about the product quality and price. A Pro forma invoice is like a draft invoice that the business leader issues for the committed client to let him know about product quality and payment procedure before the final transaction.
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