Streamline Your Workflow in the Invoice for Shipping

In the invoice for Shipping

[Music] a commercial invoice is required for all export shipments I'm going to explain the information you need to include on your export invoices but before I do make sure you subscribe to this channel so you don't miss any of our videos showing practical advice for exporters and [Music] importers when completed correctly a commercial invoice provides important information to the buyer the freight forwarder Customs authorities the import broker the Marine insurance company and the banks done wrong it can cause confusion delays and disagreements between the buyer and the seller a commercial invoice is a formal request of reimbursement by the seller to the buyer for your export shipments it serves several added functions it's it's required by the Customs Authority in the country of import before the goods can be cleared if there is an insurance claim it serves as a key support document the buyer uses it to release funds through their Bank to the seller a bank examines the invoice before reimbursing funders under a letter of credit or documentary collection us export regulations require that exporters retain it for at least 5 years if we look at this commercial invoice I created using shipping Solutions export documentation software you'll see my commercial invoice includes contact information for the exporter and ultimate consig an invoice date and number payment terms the quantity price and description of the goods including the correct six-digit harmonized system or schedule V number additional Freight and handling fees if appropriate the currency used for payment commercial terms expressed as one of the inot terms 2020 rules and the destination control statement once you've entered all the information you can print or email your commercial invoice right from the shipping solution software as well as two dozen other export forms without having to re-enter any common information let us show you how it works click here to watch a video demo of the software or click the link below to schedule a free live demo there's no obligation and to learn more about exporting subscribe to this Channel and to our free international trade blog linked below