Turkey: 10 years - for commercial invoices
, but the law has a few exceptions, such as only one year for shipping invoices or six months for checks.
Using GXS, financial institutions can exchange purchase orders, commercial invoices
, payment instructions, account statements, procurement card transactions, letters of credit and post-export financing requests electronically.
Available in July, UPS Import Control will allow importers to use CampusShip or Internet Shipping to generate shipping labels and commercial invoices
for a small package import shipment and forward those materials to the international shipper (exporter).
The process of clearing credits related to commercial invoices
involves matching those credits in the accounts payable account against corresponding items, in a separate accounts payable contra-liability account, which were previously entered at the time draws were made against letters of credit.
merchants the option to submit commercial invoices
electronically, expediting custom clearance while reducing the potential for international holds as well as saving ink and paper.
Advanced functionality allows firms to build ISFs automatically from purchase orders and commercial invoices
and, by design, the module electronically ties the final entry information back to the ISF filing for efficient recall when needed.
These firms report increased speed to market (or to production floor), real-time global visibility and compliance, automated reconciliation of purchase orders to commercial invoices
, fewer fines, better audit results, lower logistic provider rates, reduced landed costs, and greater efficiency using QuestaWeb's GTM systems.
New services include images of: paid items, credits, lockbox checks, remittance coupons, remittance correspondence and commercial invoices
Gain access to advance ship notices, commercial invoices
, and packing lists when goods are ready to ship from the factory/supplier;
PkMS 2000R1 can support the generation of multi-lingual documentation, including packing slips, bills of lading, shipment manifests and commercial invoices
, to enable centralised distribution into other countries.
Complete Documentation and Hazmat Support - The Module provides all domestic and international documentation such as bills of lading, commercial invoices
, shipper's export declarations, NAFTA certificates of origin, etc.
The system creates the necessary electronic documents, such as: purchase orders, pro forma invoices, ocean and airway bills of lading, and commercial invoices
It will use UPS technology innovation to help integrate order processing, shipment preparation and commercial invoice
data and then transmit that data to customs offices across the globe, eliminating the need for paper commercial invoices
PkMS 2000R1 can support the generation of multi-lingual documentation including packing slips, bills of lading, shipment manifests and commercial invoices
to enable centralized distribution into other countries.
Also, because the Unified Buying Process uses purchase orders as the linchpin for all production information it ensures that packing lists, commercial invoices
and bills of lading are all rock solid for Customs clearance and Customs Trade Partnership Against Terrorism (C-TPAT) adherence.