Purchasing resources for Pro Forma Invoice

The document that's called a "pro forma invoice" often serves as a kind of marker for helping a buyer and a seller to be clear about the payment expected for a shipment of goods. The pro forma invoice can be sent ahead of the shipment to let the buyer see how the goods are valued. Knowing about some of the basic terms on a pro forma invoice helps business decision makers to deal with a wide range of transactions including international shipments.

Template

A template is a sample of any business document that can be changed and specialized to make it relevant to a specific business transaction. Templates are very helpful for pro forma invoices to help business leaders approach the style and functionality they would like for these documents.

Payment terms

Payment terms or terms of payment are often included on a pro forma invoice to clarify how the entire transaction will be done. Payment terms can include timelines or split payments as well as info on how the payments will be made.

Quotation

A quotation is basically a statement of what kind of pricing a buyer can expect. The pro forma invoice is often called a "quotation in invoice form."

Tariff classification number

This handy number is also included on a pro forma invoice. It helps define what kind of tariff is applicable to products being shipped across borders.

Billing software

The kind of computer program known as "billing software" can help business heads create pro forma invoices that work with their internal inventory systems and accounting practices.

Total cost

The total cost for all of the shipped materials and units should be included on a pro forma invoice; the more prominent this item is, the less confusing the form will be to buyers.