InvoiceBerry Tips for for Freelancers & Small Businesses 11 Invoicing Terms for Your Business - Page 6

3. Proforma Invoice A proforma invoice is comparable to a quote/estimate. More specifically, it: • is the price that you and the customer have already agreed upon • a binding agreement before goods are delivered Think of a quote or estimate as “I hope we can deal” and a proforma invoice as “the deal is done.”