A Proforma Invoice form is usually issued after the seller and buyer agree on purchase terms. A supplier gives a proforma invoice before providing his goods or services.
The invoice shows that the supplier can provide specific goods or services at exceptional prices. Below is a sample of a Proforma invoice a buyer will likely receive from a supplier.
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Features:
Exporter Information:
Sections to record the exporter’s name, contact information, and also destination.
Shipment Details:
Includes space for the shipment date, currency, freight, tax and duty, shipment method, number of packages, total net weight, and also total gross weight.
Product Information:
A table for listing the products being exported, their product numbers, descriptions, quantities, unit prices, and also total prices.
Certification:
Requires the exporter to certify that all information provided is accurate and true.
Signature:
Requires the signature of an authorized personnel.
Benefits:
Standardization:
The template provides a structured format for creating proforma invoices, ensuring consistency across documents and making it easier for exporters and importers to understand the terms of the transaction.
Clarity:
The template ensures that all necessary information is included and presented in a clear and also organized manner, minimizing misunderstandings between the parties involved.
Efficiency:
Using a template saves time compared to creating a proforma invoice from scratch.
Communication Tool:
The proforma invoice serves as a communication tool between the exporter and importer, outlining the terms of the sale and providing essential information for customs clearance and payment.
Legal Compliance:
In some cases, a proforma invoice may be required for customs clearance or other legal purposes. Using a standardized template can help ensure compliance with relevant regulations.