What is the difference between quotation and proforma invoice?

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What is the difference between proforma invoice & quotation?
Posted by:
padmakumar pathiyil
21-October-2014

Question ajoutée par Chaithanya V
Date de publication: 2018/09/15

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Muhammed Sadique Thalekunnath Chalakkandi

par Muhammed Sadique Thalekunnath Chalakkandi , Chief Accountant , Drench Trading

A pro forma invoice differs from a simple price quotation because it is a binding agreement, although the terms of sale are subject to change. ... Most pro forma invoices provide the buyer with a precise sale price. It includes an estimate of any commissions or fees, such as applicable taxes or shipping costs.

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