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Sage 200 - Commercial Invoice

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Summary

To make the import/export process easier you may want to provide a commercial invoice. Commercial invoices help shippers and customs authorities assess duties, taxes and assess goods suitability for transportation in and out of the country.

Description

What information can be on a commercial invoice?

There is no legal format for a commercial invoice - it is a document that is often used to report the most common information needed when completing the most common import and export formalities. The following information is normally included in a commercial invoice:

  • Your company address.
  • The receiver's address.
  • For each item being shipped, the commodity code, also known as the tariff code or harmonized code, and a description of the goods.
  • The Incoterm that the goods are being moved under. There is no legal set of Incoterms but the most common are those maintained by the International Chamber of Commerce and these were updated in 2020. Incoterms means International Commercial Terms.
  • The reason for export.
  • The value of the goods in the relevant destination jurisdiction's currency.
  • Your VAT and EORI Number number.
  • Space for the vendor’s agent’s signature.

Download a commercial invoice template now

Sage 200 - commercial invoice Template

Customise your commercial invoice template

You can make changes to your invoice layout to meet your business requirements. Further guidance on customising your layouts can be found via the following links

Sage 200cloud Professional

Sage 200cloud Standard