Dear Members,
Please let me know whether proforma invoice to be treated as Final Invoice or we should obtain final invoice for accounting. Thanks in advance
2 Replies
tme s limted,bt drms r unlmtd
(Mba ( fin.) Ca final Student)
(257 Points)
Replied 22 January 2011
performa is not an orginal invoice,,u cannot take it orginal invoice neither u take input claim on the basis of perfoma invoice...
A proforma invoice exists in order to give a potential buyer a precise figure of the final cost.
V P Narasimhan
(Accounts Manager)
(793 Points)
Replied 25 January 2011
Normally a proforma Invoice is just to give an idea to collect advance payment. Suppose 50% advance payment to be made it gives an idea. In some cases Freight & Transport rwill be mentioned at "extra at actuals'..In some cases even Taxes & Duties will be mentioned with % at extra & they will furnish ony Product Value & collect advance payment.
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