What is Proforma Invoice? | Proforma Invoice Explained with Example  #proformainvoice #shorts - video Dailymotion

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Learn what a Proforma Invoice is in just 57 seconds! 📄✨ This short video explains the meaning, purpose, and example of a proforma invoice in business and accounting. Perfect for students, entrepreneurs, and professionals who want quick insights into invoicing.  🔹 What you’ll learn in this video:  Definition of a Proforma Invoice  Example for better understanding  💡 Stay tuned for more short & simple explanations on business, accounting, and finance basics.  👉 Don’t forget to like, share, and subscribe for more educational shorts!  #ProformaInvoice #InvoiceExplained #AccountingBasics #shortsfeed #gosetle

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00:00What is a pro forma invoice? Ever seen the term pro forma invoice and wondered what it means?

00:07A pro forma invoice is a preliminary bill. Unlike a normal invoice, it's sent before the goods or

00:13services are delivered. It shows the buyer an estimate of costs so they know the price in

00:19advance. Example of pro forma invoice, imagine you want to import 50 mobile phones from another

00:25country. The seller sends you a pro forma invoice showing price per phone equals $100, quantity equals

00:3450, shipping equals $200, total estimate equals $5,200. This way, you know exactly how much you'll

00:44need to pay. So remember, a pro forma invoice is just a quotation in invoice format. It's not a final

00:52bill, but a promise of what the final cost will look like.

What is Proforma Invoice? | Proforma Invoice Explained with Example #proformainvoice #shorts

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