A shipping invoice template is a simple itemized list of all products or services that are issued by an individual or a company to its client. Usually, it is considered a general accounting document as far as standard invoice formats are concerned. Moreover, these invoices are crucial documents for the accounting process of an organization or a company. The shipping invoice often provides detailed information about the shipper as well as the receiver. Whereas, certain invoices also provide information about the terms and conditions of the sales transaction. Creating these invoices is not a big deal; normally shipping invoices are quite simple and straightforward, so they can be created easily. In other words, a shipping invoice template is used to record the general accounting transactions of items sent from one individual or company to another.
Importance of Shipping Invoice:
A shipping invoice is received by the customer when he or she receives a shipment. It is actually a printed form of a shipment bill. Moreover, it includes crucial information about the products that have been shipped. For instance, its quantity, quality, and the product that is being enclosed. When the product is being shipped inside the country, then standard shipping invoices should be used. In case, if products are being shipped outside the country, then commercial shipping invoices should be used. Furthermore, this invoice has all the contact information about the person or the organization that has sent the goods in shipment. For example, the client’s full name, contact number, shipping fee along with charges, and other necessary details. The standard content of this shipping invoice template includes the following details. For example, name and location of the person or organization sending the goods, the name and location of the receiving party, shipping charges, standard and legal taxes and consultancy fees.
Uses of Shipping Invoice Template
A shipping invoice template is basically used as authorized documentation for the products sent from an individual or a company to the customers. Whereas, a shipping invoice is a very important document for both the receiver and the shipper. This is because it effectively explains the accounting process of inventory management for shippers. This way, it facilitates the payment process through using existing accounting software. As far as the content of this invoice is concerned, some basic information includes the following details: name of the shipper, name of the receiver, itemized list of products, quantity of each product, cost of each product, total cost of all products, total tax, contact information, and location of both parties. Moreover, it further includes the number, name as well as the cost of each item and the total cost of the items is also included. Besides the total cost of products, it includes applicable taxes and discounts.
