ülekandearved

Ülekandearved, often translated as transfer invoices or proforma invoices in English, are documents used in business transactions, particularly within Estonia and other countries with similar accounting practices. They serve as a preliminary bill or invoice that outlines the goods or services a seller intends to provide to a buyer. Unlike a final invoice, an ülekandearve is not a demand for payment but rather a confirmation of a pending transaction and its associated costs.

The primary purpose of an ülekandearve is to inform the buyer about the total amount due, including any applicable taxes. It typically details the seller's and buyer's information, a description of the goods or services, quantities, unit prices, and the total sum. This document is often used when a prepayment is required or when parties wish to formalize an agreement before the final delivery of goods or services.

Once the buyer accepts the terms and makes the payment based on the ülekandearve, the seller then issues a final, official invoice. This final invoice reflects the payment already made and is used for accounting purposes and tax declarations. The ülekandearve itself is not usually recorded in the accounting books as a payable or receivable item until the final invoice is issued and the transaction is formally completed. It functions as a crucial step in ensuring clarity and agreement between parties before financial obligations are officially incurred.