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Glossary > P > "Pro forma invoice" Definition

Pro forma invoice

An invoice presented by one company to another for payment for goods prior to their despatch. This method of invoicing is to ensure payment is received and is often the case when two companies have not traded before. If future trading is anticipated it will then be usual for an account to be set up for the purchasing company with credit facilities.

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Pro forma invoice - An invoice presented by one company to another for payment for goods prior to their despatch. This method of invoicing is to ensure payment is received and is often the case when two companies have not traded before. If future trading is anticipated it will then be usual for an account to be set up for the purchasing company with credit facilities.

Pro forma invoice : an invoice presented by one company to another for payment for goods prior to their despatch. this method of invoicing is to ensure payment is received and is often the case when two companies have not traded before. if future trading is anticipated it will then be usual for an account to be set up for the purchasing company with credit facilities.