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What is the purpose and importance of an invoice while delivering goods either domestically or internationally?

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تم إضافة السؤال من قبل Sathish Prabhu.V , Manager - Operations & Process Improvement , Revolution Valves
تاريخ النشر: 2016/04/25
MUBARAK INAYTULLA KHAN
من قبل MUBARAK INAYTULLA KHAN , Procurement Manager , UNIT7 CONTRACTING EST. RIYADH.

This is very important question. a. We have two types of delivery 1. Local Purchased Order.  2. Purchased Order as per law of International LC Documents. 

a.   So Local delivery we received by our daily consumable items and we now the vendors. And the                    Delivery note is issued because of Partial  material delivered and when its completed as per LPO                order than  issue the Invoice from the client.

b.   International material, We received all the documents form the vendor such as Bill of Lading / Origin of

      Certificate /  Shiftment - Cosignment Details / LC documents for port Clearance.  

So to the question is important we need the Bill of Invoice  to submit our  Bank for the payment or Bank Guarrenty to show on the port for clearance and accept our delivery material.

 

Sathish Prabhu.V
من قبل Sathish Prabhu.V , Manager - Operations & Process Improvement , Revolution Valves

Invoice is not only a copy of proof, but also a commercial document, which indicates who sells it to and who buys it, at what price, how much qty, mode of transport, discounts, taxes, date of shipment and payment terms.

Also in few types of invoices, it serves as a demand for payment.

Hence it is record or document depending upon the type and it is very much mandatory in the yearly financial audit of a company to verify the transactions.

georgei assi
من قبل georgei assi , مدير حسابات , المجموعة السورية

I agree with the answers provided by colleagues

dalal alharbi
من قبل dalal alharbi

I apologize for the answer, I leave the answer to experts specialists in this field that's not my specialty field

TARIG BABIKER AL AMIN
من قبل TARIG BABIKER AL AMIN , Head of Planning and Studies Unit , Sudanese Free Zones and Markets Co.

Invoices are the tool that provide freelancers with the ability to receive income invoices are the easiest and most efficient way to get paid

Using invoices are a great way to track your earnings, business and spending. If you are utilizing your invoices properly it should act as documentation of all your business transactions

Using invoices reduces payment times. You can control your billing cycles

Invoices help you to get paid on time, track your earnings and show a bit of professionalism

Ahmed Mohamed Ayesh Sarkhi
من قبل Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

to save supplier and consumer and add on acc. dept. and review on record for tax

 

Omar Saad Ibrahem Alhamadani
من قبل Omar Saad Ibrahem Alhamadani , Snr. HR & Finance Officer , Sarri Zawetta Company

Thanks

Fully agree with the answer given by Mr. Mubarak

Rami Assaf
من قبل Rami Assaf , loading and Storage Operations Supervisor , Arab Potash Company

Thanks for invitation

 

I am apologies to answer this question because it's not my specialist field

Wasi Rahman Sheikh
من قبل Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

I thank you for the invitation. I agree with all experts answer

Prabin Rai
من قبل Prabin Rai , inventory officer , bijaya motor

Agree with answer given by experts..

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