Question

Pro-forma invoice and Standard invoice

27 Apr 2023
Answer :
Word Count : 191
AspectPro-forma InvoiceStandard Invoice
DefinitionA preliminary document provided before goods/services are delivered. It gives the customer an idea of the cost.A formal document issued after goods/services are delivered, requesting payment.
Legally BindingNot legally binding; it is an estimate.Legally binding; it demands payment for the transaction.
Payment TermsPayment terms are often not ______ ______ _________ ______ __________ _________ _________ __________ __________ ___.
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________ ____ __________ ___ ________ ___ ______ ________ ______.
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Pro-forma invoice and Standard invoice

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