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invoice
(redirected from Commercial invoice)

   Also found in: Legal, Financial, Acronyms, Wikipedia 0.01 sec.

invoice

Bill sent to an individual or business organization for goods or services received. The invoice should state the amount of VAT (value-added tax) payable and how quickly the bill needs to be paid. A proforma invoice is one provided by the seller to the buyer before goods are shipped. It contains all the information regarding the sale, including the value of the order.



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Limited by their pay office and the services or supplies they offer, vendors can create commercial invoices, services invoices (services 2-in-1), supply invoices (combo: receiving report and invoice), and/or cost vouchers, etc.
Starting at $25,000, EX-TRA's export order processing features include: pro forma and commercial invoice capabilities, automatic calculation of price extensions, automatic store and recall translations in foreign languages and various modes for altering standard information on-screen without affecting the master document.
For example, the Finance Module will enumerate all the elements (line items) of an original order and, in turn, trigger the generation of other documents such the packing list, ASN (advance ship notice), the bill of lading, the commercial invoice and the service invoice.
 
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