A proforma invoice, also known as a commercial invoice, is a document that outlines the details of a transaction between a buyer and a seller before the goods or services are delivered. It serves as a preliminary invoice that provides an estimate of the total amount due and other relevant information.
Proforma invoices are commonly used in international trade to facilitate the import and export process. They help streamline communication between parties and ensure that all necessary information is accurately recorded. Historically, proforma invoices have played a crucial role in international trade, serving as a standardized format for exchanging payment details and facilitating customs clearance.
