Difference between Pro-forma & billing doc.

Dear all,
I wanna know the differnce between pro-forma & billing Doc. ,as i heard that pro-forma do not update the accounts.
So what iz the actual scenario,waiting for reply,
Thanks & Regards,
Olet Malla..

Dear Olet,
As you already told, proforma invoice will not create the accounting entries.
Requirement for Proforma invoice may differs.
One requirement is to intimate the customer to settle an advance payment. While making the payment, customer wants to see the sample bill for which he is going to make payment. So he demands proforma invoice.
Another requirement is to have a document while freight forwarders carry the materials. An invoice or Proforma invoice should be accompanied. This is the legal requirement.
Another requirement to have proforma while Stock Transport Order.
Regards,
Mullairaja

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http://www.oracle.com/technetwork/developer-tools/forms
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Devi Reddy

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Difference between Pro-forma & billing doc.

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