4/3/2023 0 Comments Fedex commercial invoiceThe proforma invoice is not a bill to pay, whereas the commercial invoice is. The main difference between a proforma invoice and a commercial invoice is that proforma invoices provide estimated shipping costs while commercial invoices provide actual shipping costs. Fedex Proforma Invoice Vs Commercial Invoice These commercial invoices are used in customs to ensure that duty fees are accurately calculated on imported goods. Fedex document shipping does not require a commercial invoice. Commercial invoices (therefore proforma invoices as well) are only needed for shipping if you are shipping internationally AND you are shipping goods other than documents. Fedex Commercial Invoice for International Shippingīecause a proforma invoice is nearly identical to a commercial invoice, it is important to look at why you would need a commercial invoice for Fedex in the first place. It is very important to make sure that these types of forms are filled out correctly and it is worth the extra investment in training and/or software to ensure that they are. Mistakes made on this proforma invoice may result in fines by custom officials as well as additional shipping charges due to delays from these mistakes. This invoice typically serves two purposes: it provides estimated shipping costs for budgeting purposes and the value of goods for customs reporting during importation. May include information intended for the buyer to understand how and why shipping costs may change. Clear labeling that it is a proforma invoice, not the final commercial invoice.Estimated shipping costs - including surcharges and other expected fees.Weight of parcel - including full packed weight.Value of goods - commercial value of goods, especially important for customs to calculate import duties.Quantity of goods - the overall number of each different type of good being shipped.It will list Fedex surcharges, but they will be estimates and are subject to change.Īccording to Fedex, a “proforma invoice is an abridged or estimated invoice sent by a seller to a buyer in advance of a shipment or delivery of goods.” Generally these invoices will include: A parcel invoice audit will track shipping costs after the final invoice, using the true shipping costs once they are known. Knowledge is power, and knowing more about your shipping costs allows you to look for cost savings. The seller, or company doing the shipping, can also use this proforma invoice as a way of budgeting their estimated shipping costs before the final invoices are available. A customer may be presented with this proforma invoice with detailed estimated shipping costs before they commit to purchasing from a seller, so they can evaluate all their supplier options with an understanding of the full costs of goods + shipping. These proforma invoices are often used for paying customs on imported goods or providing a quote for budgeting purposes.Ī clear understanding of shipping fees is important for both the buyer and the seller in a transaction. It may look almost identical to the final commercial invoice but will include clear labeling that it is the proforma invoice. A proforma invoice from Fedex is essentially an estimate of a Fedex commercial invoice that would be used for international shipping of goods other than documents.
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