Very High Pro Forma Invoice Issue

[Former Member]

Hi, any one explain about this

Very High Priority- Pro Forma Invoice Issue

how to create proforma invoice issue and where it can be used. In which scenarios we can use it.

[Former Member · Accepted solution]

Hello,

You can create Proforma Issue with the billing type F5 for Order related billing and F8 for delivery related billing.

A Proforma invoice is an invoice provided by a supplier in advance of providing the goods or service. The term pro forma (occasionally written proforma) comes from a Latin phrase meaning, "as a matter of form". Its meaning depends on the context in which it is used. In business terminology, A pro forma document is provided in advance of an actual transaction. Such a document serves as a model for the actual documents of the transaction. A pro forma (or proforma) invoice is a document that states a commitment from the seller to reserve some goods to be sold to a certain person, the buyer. The buyer places an order and if the seller agrees, it extend a proforma invoice; when the buyer receives this invoice and agrees to all the terms specified in it, the goods are sent and the proforma is replaced by a commercial invoice (the definitive document). <b>A proforma invoice doesn't establish any obligation of transfering money from the buyer to the seller.</b>

Regards,

Gauravjit.

Reward points if the explaination is helpful

[Former Member]

Hi Raju,

The Proforma is mostly used in export scenarios and it can created vide VF01 with ref.to the delivery number.

Sales order--->Delivery--

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>Proforma Invoice.

Check this and encourage by rewarding.

SriRam