Glossary term

Pro forma invoice

Definition

A preliminary, non-binding invoice sent before goods or services are delivered, used to state the expected price and terms so a buyer can arrange payment, financing, or import documentation. It is not a demand for payment and is not recorded as a receivable.

A pro forma invoice is a preliminary, non-binding document a seller sends before goods or services are delivered. It states the expected price, quantities, and terms so the buyer can arrange payment, secure financing, or prepare import documentation. It is not a demand for payment, and unlike a commercial (tax) invoice, it is not recorded as a receivable in your accounts.

How it works

The seller issues a pro forma invoice once the scope of an order is agreed but before it is finalized. It looks much like a standard invoice, listing line items, unit prices, currency, shipping terms (often Incoterms), and any taxes or duties, but it is clearly marked “pro forma.” The buyer uses it to review costs, open a letter of credit, request internal purchase approval, or file with customs. When the order ships, the seller replaces it with a commercial invoice, which is the binding record for accounting and tax.

Why it matters

For B2B sellers, a pro forma invoice bridges the gap between a quote and a firm order. It gives the buyer a precise, itemized figure to act on without committing either party to the sale, which is useful when the buyer needs paperwork to release funds or clear goods across a border.

In Shopify B2B quoting

Shopify does not have a native pro forma invoice object, so merchants often approximate one with a draft order. In a quoting workflow, you agree pricing with the buyer, then send a document they can hand to their finance or logistics team before checkout. A draft order that converts to a paid order at acceptance covers much of the same ground. See the B2B quoting glossary for related terms like draft order and quote.

Example

A UK distributor asks a US supplier for 500 units. The supplier sends a pro forma invoice showing unit price, freight, and estimated duty so the distributor can arrange a wire transfer and pre-clear customs. Once paid, a commercial invoice follows with the shipment.

Frequently asked

Is a pro forma invoice legally binding?

No. It states expected price and terms but does not create a payment obligation or a receivable. The binding record is the commercial invoice issued when goods ship.

What is the difference between a pro forma invoice and a quote?

A quote is an offer of price and terms, often with an expiry date. A pro forma invoice is formatted like an invoice and is typically issued later, once the order is broadly agreed, so the buyer can arrange payment or customs paperwork.

Can I send a pro forma invoice from Shopify?

There is no native pro forma object, but merchants commonly use a Shopify draft order to serve the same purpose, sharing itemized pricing before the buyer completes checkout.

Turn quote requests into paid orders

ShopQuotes is a free-to-start Shopify app for branded, checkout-ready quotes.