what is the difference between 'Quotation' & 'Profarma
Invoice'?

Answer Posted / ketaki ghaisas

Quotation : Quotation is a offer price list of goods
prepared by seller.

Proforma Invoice : Proforma invoice is the draft to
intimate customer that the goods are ready for dispatch. It
is prepare before invoicing. Generally the companies who
manufactured the goods according to the customers
requirement i.e. specialised products execute financial
dealings against proforma invoice.

Is This Answer Correct ?    2 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled

1303


Tell me what is working capital?

628


Are there any questions you would like to ask?

612


Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

3423


Have you ever heard about tds, what it is?

677






What are the steps to take before you approve an invoice for payment?

700


Is there Disqualification of Auditor u/s 139 of Companies Act 2013 if the auditor is indebted towards the company to be appointed as an auditor, if amount exceeds more than Rs.1000 as against the provision related to Companies Act, 1956 ?

1302


There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.

1506


Assigning natural account to accounting seg. What will happen

1599


as muthoot finance is a finance co,so what would be pattern of asking in relation to finance and a/c question?will it be basic or general or it would be market related situation?plz if help me anybody...

1745


In South Africa, the value added tax is administered by?

1234


What are the major components of country's trade account?

2516


Horizontal balance sheet versus Vertical balance sheet

1741


Tell me how can you define departmental accounting?

546


1. how to pass TDS entry in tally 2. how to pass service tax entry in tally 3. how to pass depreciation entry in tally 4. what is percentage in TDS and service tax

1737