![]() ![]() It helps both the seller and the buyer get on the same page about costs from the get-go. ![]() It won’t be recorded in your financial statements or accounting software, which means it does not need processing after it’s issued.Ī proforma invoice is more of a “good faith agreement” than a payment demand. However, proforma invoices do not appear within any financial reports thus payment cannot be made on them.Īgain, as it’s not a legal document, it doesn’t need cancelling or processing in the same way as a standard sales invoice. Proforma invoices do not include invoice numbers or labels, and so do not meet the requirements of a standard sales invoice.īy issuing a standard invoice, the payment will be recorded within your accounting reports (or invoicing software) and on your financial statements. In order to accept payments, you must raise and issue a full invoice as you would any product or service. Any amounts given on your proforma invoices won’t be included in financial reports. ![]()
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