Diff. B/w Invoice & Performa Invoice

Ankit (C.A.-Student) (680 Points)

13 May 2010  


1) What is difference between Invoice & Performa invoice?

2) An expenditure can be booked into accounts based on performa invoice?

3) Is answer to second point still be YES, if a capital asset is purchased or made on contract basis( performa invoice raised by contractor in between)?