what is the difference between 'Quotation' & 'Profarma
Invoice'?
Answers were Sorted based on User's Feedback
Answer / rajmails2
proforma Invoice : mean's when the buyer purchases goods
from the Seller, the Seller prepare three copies,
One is given to the buyer,
and one is send along withthe goods,
and third is to keep for Office Purpose.
Quotation : Quotation is a paper in which the seller
intimate all sale price of the goods, which he wants to
sell.
| Is This Answer Correct ? | 15 Yes | 4 No |
Answer / 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 |
Answer / sangeethag
Quotation: Offer document of Product, Value & about taxes.
Proforma Invoice: Sample of invoice. This will
provide after acceptance of Quotation. Its also contain
bank "EFT" details.
| Is This Answer Correct ? | 2 Yes | 2 No |
Raj garu... Main know what is the difference bet ween
invoice and proforma invoice..... and proforma invoice
means what .. exactly
| Is This Answer Correct ? | 2 Yes | 3 No |
Quotation: It is a offer document given by Supplier to
Customer shows the details of Product, Value & about taxes.
it is called as "Quotation".
Proforma Invoice: Proforma invoice is a sample of billing
format if customer want to purchase the product. this will
happen after acceptance of Quotation & willing to place
order.
| Is This Answer Correct ? | 2 Yes | 3 No |
How to calculate TDS on Directors Remuneration if director's age is around 35 years and salary is 59000/- per month. please suggest me with complete detail.
3 Answers ACPL, Ratna Natural Stones, Rupahali,
in what circumstances it is mandatory to calculate the goodwill.
What is the basic accounting equation?
The main objective of preparing a 'journal' is
what is Depreciation
can we issue bonus shares at premium? how?
any one provide me mm & fi configration steps
The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).
How to pass entry in Tally erp 9
i purchase one computer @Rs.30,000 i issued PDC's then when i enter all pdc's in tally at a time or any other pls. tell me
How can you define departmental accounting?
what is the purpose of preparing profit and loss appropriation account in the partnership firm?