Learning can be easier with EX - Library.

Explore our newest feature, a reliable informational resource you've been looking for!
Join |
< Back to questions :: Q&A / Shipping / Clocks and Watches

Proforma invoice

Clocks and Watches
From Cyprus
To France
492 views / 0 experts
Raymond Y.
Aug 20, 2020
What is a proforma invoice?

1 answer

Aug 20, 2020

After a potential buyer expresses interest in purchasing your product and outlines the terms of their interest, they may ask for a formal quote. A proforma invoice lists the products to be purchased and acts as a quote. If an order results, the commercial invoice you generate will closely resemble the proforma invoice with the included costs being consistent across both documents. A typical proforma invoice includes: A price for your products; a description of the goods including the correct six-digit Harmonized System (HS) or Schedule B number, which the buyer will use to determine any duties and taxes; the delivery terms usually expressed as one of the Incoterms 2010 terms; payment terms; delivery details, including where the goods will originate and where they will be delivered; the expiration date.

read more

Top Rated Experts

Raymond Yang
Raymond Y.
Leon Lacroix
Leon L.
Amber Stellingwerf
Amber S.
This website uses cookies. By using this website, you consent to our use of these cookies