Question

Proforma Invoice may be used for _________________.

• A. To enable calculation of taxes and duties payable.
• B. To give details and prices of goods being sent on approval.
• C. As a demand for payment when dealing with a new customer
• D. All of above

Answer 1

The correct option is D All of above

A proforma invoice is a document sent to a buyer in certain circumstances - usually before all invoice details An abridged or estimated invoice sent by a seller to a buyer in advance of a shipment or delivery of goods.

Pro forma invoices are commonly used as preliminary invoices with a quotation, or for customs purposes in importation. They differ from a normal invoice in not being a demand or request for payment.