Draft Invoice Format Free Sample Example Format Download
What is a Draft Invoice?
A draft invoice is a document a business creates for a customer or client to request payment for goods or services provided. It is also known as a preliminary invoice or proforma invoice. It includes details about the goods or services such as the quantity and cost, discounts, taxes, and other information such as payment terms or delivery dates.
Benefits of Using Draft Invoice
Draft invoices have several benefits, such as:
- Provide an accurate record of the goods or services provided
- Allow customers to identify the goods or services they have received
- Help customers understand the total cost of their purchase
- Help businesses ensure they are paid in a timely manner
- Provide a way of tracking payments
How to Create a Draft Invoice
Creating a draft invoice is easy and straightforward. Here are the steps to follow:
- Enter the customer's name and address.
- Include the date of the invoice.
- Enter the goods or services provided and the quantity.
- Include the unit price for each item.
- Calculate the total cost (including any discounts or taxes).
- Include any payment terms and conditions.
- Enter the contact details of the person responsible for the invoice.
- Sign and date the invoice.
Draft Invoice Format Sample
Here are some examples of draft invoice formats:
Conclusion
Draft invoices are an important document to have when requesting payment from customers or clients. They provide an accurate record and help ensure payment is received in a timely manner. Creating a draft invoice is easy and straightforward, and using a standard format ensures all the necessary information is included.