Proforma Invoice Vs Commercial Invoice-Know the difference Do you know where the heart of an import-export business lies? T he Invoices! There are two types of invoices commonly used by businesses in export and import: Proforma Invoices & Commercial Invoices. These are the two most important documents.
Curious to know the responsibilities of each invoice for your business? Keep on reading! Proforma invoices and commercial invoices are key to business for import and export businesses. These are the two very important documents while dealing with clients. Every time there is a business deal finalized the buyer has to send in purchase order to the vendor. He could also open a letter of credit. Before the buyer can issue a letter of credit to the vendor, he has to send a pro forma invoice to the buyer. This document contains all the necessary information and terms pertaining to the sale.