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What is a proforma invoice?

A proforma invoice is not an invoice but as we understand but it resembles a budget for the most part since it does it not involve any tax, accounting, or payment obligations.

It is basically a document with greater validity than a budget declaring the commitment to sell a good or service on certain conditions.

They are normally used in international trade or to justify the investments to be made if you are interested in receiving a loan or grant.

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