Trade Transactions

Customs Invoice
A customs invoice is an essential document used in international trade to declare goods being imported or exported, prepared particularly for customs authorities to ensure legal and efficient handling of shipments.
Reservation of Title
A sale of goods in which the seller retains title to the goods sold, any products made from them, or the resulting sale proceeds, until the buyer pays for the goods.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.