One of the trickiest stages in any business relationship is asking the client for payment.Â
You’ve spent hours crafting detailed invoices only to face delays, confusion, or pricing disputes close to the due date. Chasing down payments is time-consuming and can strain future business relationships.
But what if there was a way to streamline the invoicing process, set clear expectations from the outset, and get paid faster? The right proforma invoice template can help you do just that. These templates can reduce misunderstandings, lower non-payment risk, and build stronger client relationships.
This guide will explore what makes a good proforma invoice and suggest the right proforma invoice template for your needs. ✅
10 Free Proforma Invoice Templates to Try Out
- What are Proforma Templates?
- What Makes a Good Proforma Template?
- 10 Free Proforma Templates to Try in 2024
- 1. Proforma Statement Template by ClickUp
- 2. Invoice Template by ClickUp
- 3. Financial Analysis Report by ClickUp
- 4. Accounting Template by ClickUp
- 5. Budget Report Template by ClickUp
- 6. Business Expense and Report Template by ClickUp
- 7. Finance Management Report by ClickUp
- 8. Journal and Ledger Template by ClickUp
- 9. Proforma Invoice Template with Delivery Charges for Excel by Vyapar
- 10. Proforma Contract Invoice Template for Excel and Word by Invoice Simple
- Protect Deal Negotiations with ClickUp’s Proforma Templates
Summarize this article for me pleaseWhat are Proforma Templates?
Proforma invoice templates are pre-designed documents that outline the estimated cost of goods or services in detail before they are delivered or rendered. They serve as a preliminary bill of sale, providing a clear overview of the transaction details to both the sellers and the buyers.
The document outlines the goods or services you’ll provide and their estimated prices. It’s sent to your customer or client before the work is done or the products are shipped.
Summarize this article for me pleaseWhat Makes a Good Proforma Template?
A good proforma invoice template combines clarity, professionalism, and flexibility to provide all the essential details for a smooth transaction. Here’s what makes a good proforma template:
- Flexibility: Easily customizable to accommodate different business models and scenarios
- Detailed information: Includes all necessary details, such as names and addresses of both parties, a unique proforma invoice number and date, a detailed description of goods or services being provided, the quantity and price of each item, the total amount due, payment terms, and a validity period (if applicable)
- Accuracy: Ensures that calculations and formulas are accurate and error-free
- Clarity: Well-organized and easy to understand, even for non-financial experts, with clear headings, labels, and formatting
- Relevance: Tailored to the specific needs of the business and the purpose of the proforma analysis
- Multiple formats: Allows flexibility in formats, enabling you to download and share your proforma invoice as a PDF, Word document, or Excel spreadsheet
Summarize this article for me please10 Free Proforma Templates to Try in 2024
We’ve rolled up our sleeves and handpicked 10 of our favorite free proforma invoice templates.
So, are you ready to get paid faster? Keep scrolling!
1. Proforma Statement Template by ClickUp
The ClickUp Proforma Statement Template simplifies all aspects of your business’s financial planning. It is designed to help businesses create a detailed and accurate financial forecast.
Track your progress by assigning ClickUp Custom Task Statuses like Open or Complete to each financial statement. You can also tailor the financial statements to your needs by adding fields like Cost of Goods Sold, Admin Expenses, or other relevant categories.
Access and organize information easily with ClickUp Views, including Totals, Board, List, and the Getting Started Guide. Track time, add tags, set dependency warnings, and send emails—everything you need to simplify your workflow is here.
2. Invoice Template by ClickUp
The ClickUp Invoice Template streamlines the process of creating and managing professional invoices. This commercial invoice template is ideal for businesses of all sizes, from freelancers to small enterprises, looking to simplify their billing and payment processes.
Customize for anything you need to track—order numbers, client references, project details, you name it! You can also use it to track the time spent on each project or service directly on your invoice to ensure accurate billing for clients.
View your invoices your way! Whether you prefer a bird’s-eye view with the list view or the clarity of ClickUp Calendar View to track payment deadlines, this template has you covered.
3. Financial Analysis Report by ClickUp
The ClickUp Financial Analysis Report Template helps teams of all sizes create comprehensive financial analyses quickly and accurately. It includes pre-built spreadsheets for tracking income, expenses, profits, losses, and other key financial indicators, making it easy to analyze and monitor financial performance.
The template is structured to facilitate collaboration among stakeholders. It allows you to create projects for each financial analysis goal, assign tasks to team members, and designate timelines.
Custom Task Statuses inform you about each report’s exact status—whether in draft mode, under review, approved, or finalized. Use this template to eliminate confusion from your invoicing process and monitor finance KPIs better.
4. Accounting Template by ClickUp
Think of this ClickUp Accounting Template as a centralized hub for your business, where every transaction, expense, and report is neatly organized and easily accessible. Use it to track project accounts, schedule reminders, and automate recurring payments.
You can use it to create and send invoices, track payments, and manage bills. Capture and organize essential financial data with ClickUp Custom Fields, such as Revenue, Expenses, Profit Margin, Debt-to-Equity Ratio, and Cash Flow.
When it’s time to check your profit and loss statement or balance sheet, this template generates professional-looking reports with just a few clicks. Use the template to assess your financial health and make informed decisions—it’s similar to having your own personal accountant.
💡Pro tip: Use a profit-and-loss template that includes all sources of revenue, such as sales, services, and other income. A thorough accounting of revenue streams provides a more accurate representation of costs and your business’s financial health.
5. Budget Report Template by ClickUp
The ClickUp Budget Report Template effectively tracks and manages your team’s budgets. You can access Budget Summary, Expense Breakdown, Revenue Tracking, Variance Analysis, and Forecasting to analyze budget trends, identify critical insights, and communicate your findings to stakeholders.
This template simplifies expense management and planning ahead. Wondering how much your business will spend next month or next year? Use your historical spending data to create forecasts. This way, you can anticipate upcoming expenses and make informed plans accordingly.
With this template, you can set realistic budget goals and track your progress in real time. You’ll also receive alerts when you’re approaching your limits so you can make adjustments and avoid overspending.
6. Business Expense and Report Template by ClickUp
ClickUp’s Business Expense and Report Template simplifies expense management to reduce the burden caused by digging through receipts and tracking business expenses.
One of the key components of the template is the Business Expense Report View, which allows you to generate detailed expense reports, including income, expenses, and net income.
The Approval Board View is another valuable feature of the template. It enables you to view and approve or reject expense requests in a timely manner. You can set up custom approval workflows and assign approvers, ensuring a seamless approval process.
With this customizable template, you can have a clear picture of where your money is going. Analyze your expenses by category, discover spending trends, and make informed decisions to optimize your IT budget.
💡Pro tip: Opt for expense report templates that can be downloaded and edited from all your devices. This allows you to update your expenses on the go and ensures that you always have the latest version of your report.
7. Finance Management Report by ClickUp
ClickUp’s Finance Management Report helps accountants, finance professionals, and businesses manage their financial resources and track budgets effectively.
Start with the ‘Start Here’ view, which walks you through the setup and usage. Use the List View to keep all your financial tasks organized, the Calendar View to plan when tasks need to be done, and various custom statuses like Complete, To Do, Signed, In Progress, Due, Approved, and Review to keep track of everything.
Additionally, you can use ClickUp’s project management features, such as time tracking, tags, comments, and attachments, to add context and keep everyone informed. Set due dates, reminders, and dependencies to ensure timely submissions and approvals.
8. Journal and Ledger Template by ClickUp
Manual bookkeeping creates endless receipts, which worsens with a large amount of data entries. The ClickUp Journal and Ledger Template is designed to help accountants and bookkeepers manage financial transactions and accounts efficiently.
This comprehensive tool tracks income, expenses, and other financial activities, ensuring accurate and reliable financial records. Analyze your income and expenses, track your cash flow, and identify trends with bookkeeping templates like this to make informed financial decisions.
The template provides a Transaction Lists view. It enables users to access and analyze financial data in various configurations, making it easier to understand and manage financial activities. You can also create custom fields to focus on specific accounts, time periods, or transaction types. This flexibility allows you to tailor the ledger template to your unique needs.
9. Proforma Invoice Template with Delivery Charges for Excel by Vyapar
Vyapar’s Proforma Invoice Template with Delivery Charges for Excel makes creating detailed proforma invoices a breeze.
This template includes a section specifically for delivery charges, so the total cost is of the shipment clear upfront, avoiding confusion or disputes later. You can easily customize the template to match your business’s branding. Add your company logo, adjust colors and fonts, and tweak other design elements for a polished, consistent look.
It can automatically calculate subtotals, taxes, discounts, and the final price or grand total based on the details you enter, reducing the risk of manual errors and ensuring accuracy.
💡Pro tip: Monitor cash flow closely by leveraging budgeting templates for Excel. Update and review cash inflows and outflows regularly to ensure your business maintains liquidity.
10. Proforma Contract Invoice Template for Excel and Word by Invoice Simple
The Proforma Contract Invoice Template by Invoice Simple is a versatile and customizable project budgeting tool to simplify your invoicing process. Available in Excel and Word, it helps you effortlessly create professional-looking invoices.
You can reuse previous documents, tailor the template to your business needs, and easily convert it into the final invoice by removing the proforma header and adding payment instructions.
The template also provides business insights, giving users an overview of their activities. This feature helps users track their business performance without additional effort, as the template provides a clear picture of the company’s activities.
Summarize this article for me pleaseProtect Deal Negotiations with ClickUp’s Proforma Templates
A proforma invoice serves as a preliminary agreement to outline your service terms and conditions before it’s finalized. By leveraging these proforma invoice templates in your invoicing processes, you can save time, reduce errors, and look more professional before clients.
ClickUp provides various templates for accounting, budgeting, financial analysis, and expense reporting, creating a centralized hub for your financial needs. It also makes it easy to create, send, and track invoices.
Get started with ClickUp for free today!
Everything you need to stay organized and get work done.
