Pro forma invoice

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Updated: Aug 20, 2021

Where a vendor requires payment before delivery of goods, he issues to the prospective purchaser a pro forma invoice giving details of the payment necessary to obtain them. This will be the selling price of the goods plus, where applicable, additional charges for postage and packing or, in some industries, surcharges applicable to small orders. In trading situations, the pro forma invoice will also show the trade discount that is applicable.

Reference: The Penguin Business Dictionary , 3rd edt.



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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.