The seller issues this type of invoice to the buyer to describe the goods, prices, value, and quantity. Let’s Dive In! What Is A Commercial Invoice?Ī commercial invoice is a contact invoice that works as proof of sales. With downloadable for export commercial invoice template in all the forms to customize your invoice.How to make commercial invoices for export?.What is the difference between commercial invoices and all the other types of invoices?.What are commercial invoices and their uses?.If any mistakes occur, they could result in serious problems and long shipping delays. It provides detailed information about the product (price, value, and quantity), sales terms, payment, the buyer’s information, and the seller’s information. It is the most used invoice in international shipping and trade. One of the most famous types of invoices is the commercial invoice. Management Solution for Outsourcing and Consulting Enterprisesīusiness Solution for International Trade Operations Online Billing and Management Software for Accounting Firms Retail stores accounting & billing systemīeauty salon management & appointment software Schools & nurseries accounting and management software Gym and fitness center memberships management & accounting systemĬlinic and patient management and billing software Invoicing and accounting System for Law Firms Currency: This indicates what currency the values are listed in (i.e., USD, GBP, EUR, etc.).Maintenance management & Accounting SystemĬar workshop management and billing software.Total weight: The shipment weight, including packaging.Total number of packages: The number of packages included in the shipment.Total invoice amount: The total after discounts and charges are applied.Other: Any other charges placed on the shipment by the shipper (i.e., handling charge).Insurance: The amount the shipper or receiver pays to cover the cost of replacing the shipment if it is lost or damaged.See examples of how best to show shipping on a commercial invoice, as well as detailed instructions. Freight is taxable in some countries, and if left at 0 USD, customs will likely default to retail shipping rates, which are very expensive, and tax you on that. Tip: Do your best to input the accurate freight amount. Only if known, enter the actual cost of freight. Freight: The cost to transport the shipment from the foreign port of export to the destination country port of import.Invoice subtotal: The total amount after any discount or rebate.Learn how to fill out commercial invoices with discounts. Discount/rebate discount: The discounts or rebates given by the shipper.Invoice line total: The total value of all contents (excluding packaging) included in the shipment.(i.e., 15 shirts at 10 USD each have a total value of 150 USD). Total value: The value of all items combined. (i.e., 15 shirts at 10 USD each have a unit value of 10 USD). Unit value: The purchase price of the items on a per-unit basis. It is important to get the country of origin correct because specific tariffs depend on the country of origin. Generally, work/material added to a good in another country before importation must substantially transform the good (i.e., change the good’s character/name/use) for that country to become the country of origin. what is paid for duties and taxes.Ĭountry of origin (COO): This is the country of manufacture, production, or growth of the imported good, NOT the country the goods are shipped from (i.e., if goods made in Italy are shipped from Germany, the COO is Italy, not Germany). This will help maintain accuracy and provide a closer match of what is collected vs. Note: If you use Zonos to calculate your duty and tax, be sure to use the same HS code that was used in this field. This global system of classification speeds up exports, reduces delays, and avoids additional fees and charges. Harmonized tariff code or schedule B number: Include this to assist the clearance of your goods. What the item’s serial or part number is, if applicable.U/M: Abbreviation for Units of Measure, whether the items are listed as an individual, bundle, roll, etc.ĭescription of goods: This is where you provide a detailed description of the items in the package(s), including: Units: The quantity of the merchandise, i.e., the number of individual items per description type being sent.