A pro forma invoice is a speculation, a best guess about the cost of an order before it's been filled. Pro forma invoices are commonly used for importing and exporting, especially when the buyer and ...

Pro forma invoices display a price quote for a prospective sale, import or export of goods. These invoices are often used during negotiations to list the terms of an offer so the other party can agree ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Eric's career includes extensive work in ...

Fleets paying for damage without seeing evidence that repairs are carried out, or their real cost, has raised concerns over pro-forma invoicing, reports Catherine Chetwynd. Fleets could be overpaying ...