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Pro-forma invoice and Standard invoice
| Aspect | Pro-forma Invoice | Standard Invoice |
|---|---|---|
| Definition | A preliminary document provided before goods/services are delivered. It gives the customer an idea of the cost. | A formal document issued after goods/services are delivered, requesting payment. |
| Legally Binding | Not legally binding; it is an estimate. | Legally binding; it demands payment for the transaction. |
| Payment Terms | Payment terms are often not specified as it is just a proposal. | Clear payment terms are specified (e.g., net 30, due upon receipt). |
| Impact on Accounts Receivable | No _____ ____________ ___________ ____ _______ __ ________. __ ___ ____ ___ ____________ _________ ____________ ____________ ____________ ________. __________ ____________ _________ ___________ ____ _____________ _____________ _____. __ _______ __________ ____________ __ _____ ______. __________ ___ _____ _____________ ____________ _______ ______ ________ __ ________. ________ ___ ________ _____ _____________ ____ ________ __ __ _____________ ______ ________. ____ ______ ________ __________ __________ ________ ______ __________ ____________ _____ __ ____________ ___. _____________ ________ ________ _______ _____________ _______ __ ___________ _____________. ____ __________ _________ ___ ______ ________ ___________ ________ ________ ____________ ____________ ____________ ________ _________ _____. _____ ___ _____ __ __ ____ __________ ____. ________ ___ ____________ ______ ____ _____________ ________ ______ _________ ______ ________ _______ ___. ____ ____________ _______ ________ ________ ________ _______ _________ _____________ _____________ _______ ________ __ _____________. ________ _________ _____ __ __ _____________ _________ _______ ___ ___________ __ __ _____________ __________. ___________ ____________ _____________ _________ ______ __ __________ ____________ _______ __________ _________ __________ ______ _____. ______ ______ ___________ _________ _____________ ____________. ______ ____ ____ _____ ___ __________ _____________. __ ___________ ____________ _____ ____ ____ ___________ ____________. ___________ _______ __ ___________ __________ ____________ _________ _____ _________ _____ ____ ___ __ ____________. __________ ____________ __ ___ ________ ____________ ___________ ___________ __________ ___ __ __________ ___ ____________ __. ____________ _______ ______ ____ _____________ _____ ____________ ____ _____________ ___________ ___________ ______ _______ _____ _____________. __________ _________ _________ _________ ___________ _____ __ __ _______ _____________ ___________ ___________ ____ __________. _____ _______ ___________ __ _______ ______ ___________. ____ _______ ____________ ___ ________ ___. _________ ___________ ____________ ___________ ________ ____________ __ _______ ___ _____________ ____________. _____________ _________ ________ ___ __________ ________ ________ ____________ __________ _______ _____. __________ ____________. Click Here to Order Full Assignment on WhatsApp Degree : DIPLOMA PROGRAMMESCourse Name : Diploma in Business Process Outsourcing — Finance and AccountingCourse Code : DBPOFASubject Name : Order to Cash (O2C, Accounts Receivable) Subject Code : BPOI 104 Year : 2023 &y=&topic=&dl=&k=.png) Related QuestionFill in the blanks: Selling on credit True or False: Explain the day to day issues encountered in O2C processes. Discuss in detail the source documents used in the Order to cash cycle. Consequences of poor quality control Pro-forma invoice and Standard invoice Welcome to IGNOU Academy Click to Contact Us Call - 9199852182 Call - 9852900088 myabhasolutions@gmail.com WhatsApp - 9852900088 |
