Export cost accounting is a systematic analysis of all costs of foreign trade enterprises to determine appropriate quotations and assess risks. This process involves the calculation of direct and indirect costs, logistics, taxes, customs fees, and other related expenses, which helps enterprises formulate export strategies and achieve profitability.
The following are eight common foreign trade payment methods: T/T Telegraphic Transfer, L/C Letter of Credit, D/P Documents against Payment, D/A Documents against Acceptance, O/A Open Account Payment, Escrow Service Confirmed Payment, Paypal Online Payment, Western Union Express Remittance.
Under FOB terms, master the skills of collecting final payments. Through strategies such as clarifying the contract, communicating in advance, and telex release of the bill of lading, ensure the safety of funds and maintain the enterprises cash flow.
Master the classification of transaction methods, understand their importance in the customs declaration form, learn how to declare accurately, and avoid risks brought by incorrect declarations.
Master the basic structure, operation process, risk management and document compliance of the tripartite agreement in international trade to ensure smooth transactions and reduce risks.
Export tax refund refers to the refund of value-added tax and consumption tax paid during domestic production and circulation of goods declared for export in China according to tax laws. Export tax refund enterprises are generally divided into non-productive pure foreign trade enterprises and production-processing foreign trade enterprises. Of course, enterprises belonging to these two categories cannot obtain export tax refunds without meeting any specific conditions.
Due to foreign exchange controls, many foreign trade enterprises face difficulties in collecting export payments. Foreign exchange collection services can effectively solve this problem, but some people are still not very familiar with foreign exchange collection services. Today, we will introduce the service process of foreign exchange collection.
Export trade processes are highly complex and variable. To mitigate unexpected events, its essential to understand basic foreign trade knowledge. Below are two key points.