Proforma Invoice
Quotation invoices for B2B and international trade
Free Proforma Invoice Generator
A proforma invoice is a preliminary estimated bill sent to buyers before goods or services are delivered, outlining the commitment of goods, pricing, and terms of trade.
Commonly used in international trade, custom manufacturing, and service agreements to establish pre-payment conditions, secure import permits, or obtain letter of credit financing.
Document Specifications & Mandatory Information
Standard accounting and statutory requirements for this document type:
| Component | Requirement | Purpose & Description |
|---|---|---|
| Proforma Invoice Number & Expiry Date | Mandatory | Identifier and price-guarantee validity period for the quotation. |
| Estimated Quantities & Specifications | Mandatory | Detailed descriptions of items to be supplied upon order confirmation. |
| Payment Terms & Milestone Schedule | Recommended | Expected advance deposit, wire instructions, and completion milestones. |
| Estimated Shipping / Freight Costs | Recommended | Projected logistics, insurance, and handling fees if applicable. |
Practical Questions & Guidance
Can a proforma invoice be used for customs clearance?
Yes. Customs authorities often accept proforma invoices for temporary import, declaration of value, or pre-shipment inspection when the final commercial invoice is not yet issued.
Is a proforma invoice legally binding?
A proforma invoice represents a good-faith commercial quote. Once signed or accompanied by a Purchase Order, it often constitutes the baseline commercial agreement.
How do I convert a proforma invoice into a final tax invoice?
Once payment is confirmed or goods ship, generate a final Tax or GST invoice using the verified delivered quantities and final date.
Complementary Workflow Documents
Other documents frequently needed before or after issuing this document:
Compliance & Regulatory Notice: Gosetle provides document drafting and layout generation tools and does not provide formal legal, financial, or tax advisory services. Statutory invoicing and receipt requirements vary according to regional jurisdiction, annual turnover thresholds, taxpayer registration status, and transaction classifications. Please consult a qualified tax professional or your local revenue authority for jurisdiction-specific compliance obligations.
