Suggested Read: Types of Invoices When is a commercial invoice required?Ī commercial invoice document is necessary for international trade and may be required in various scenarios. In short, a commercial invoice ensures smooth shipment, protecting your business interests and keeping customs officials happy. They won’t know what’s in the shipment, how much it’s worth, or how it was paid for, and you can bet they won’t take kindly to that. Without a commercial invoice, you might as well be playing international trade “Guess who?” with customs officials.A commercial invoice provides a clear and concise transaction record that you can use for accounting and tax purposes. You don’t want to get audited and be unable to account for your international sales revenue. It’s essential for financial record-keeping.It’s like a receipt for your business deal, showing that both parties agreed on the terms of the sale and that payment was made or is due.
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