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What are the difference between invoice and proforma invoice?

Answer»
S.No.Difference BasisProforma InvoiceInvoice
1.Instructions and ConditionHere instruction and conditions are related to the selling of goods.While in invoice instruction and conditions are related to the purchasing of goods.
2.BaseIt send to its representative by consignor.While it sent to its buyer by seller.
3.StatementIt is a statement of goods sent to consignee by consignor.While it is statement of goods remaining to buyer by consignee.
4.Transfer of OwnershipBy this statement ownership is not transferred to consignee from consignor.While in Invoice ownership of goods is transferred to buyer.


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