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Documents Used in Home Trade

The document outlines various types of trade documents used in home trade, including invoices, order forms, and delivery notes. It describes their functions, such as serving as proof of transactions and recording details for accounting. Additionally, it explains the flow of trade documents and their specific uses in the buying and selling process.

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aviajaya7
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115 views8 pages

Documents Used in Home Trade

The document outlines various types of trade documents used in home trade, including invoices, order forms, and delivery notes. It describes their functions, such as serving as proof of transactions and recording details for accounting. Additionally, it explains the flow of trade documents and their specific uses in the buying and selling process.

Uploaded by

aviajaya7
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as KEY, PDF, TXT or read online on Scribd
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TUESDAY

Documents 2
3
used in
Home Trade
Here is where your presentation begins!
Topics

Types of Documents
01 Different Function of
You can describe the topic of the
02 Used
Home Trade Documents
section here

The Flow of Trade The Different Types


03 Documents
04 of Documents used
and their Uses
Different Functions
of Trade Documents
Documents is used for trade serve as proof of
transaction, written records and as a basis for
recording transactions in account books.
Types of Documents Used

Invoice
Letter of Enquiry
1 6
Quotation Credit/Debit note
2 10 7
documen
Order form ts in Statement of Account
3 total 8

Advice note Cheque


4 9
Receipt of Payment
Delivery note
5 1
0
The Flow of Trade Documents
The Different Types of Documents and their Uses

1. Letter of Enquiry 2. Quotation


A document the buyer sends to the seller A document sent by the seller to the buyer on
to find out more about the goods they the receipt of a letter of enquiry, it informs the
want to buy. buyer on the availability of goods, prices,
brands, terms of delivery and payment

3. Order form 4. Advice note


Sent from the buyer to the seller when Sent to inform the buyer when the goods
he wants to place an order for goods. are going to be delivered, usually used
when delivery takes a long time.
The Different Types of Documents and their Uses

5. Delivery note 6. Invoice


Sent with the goods being delivered and Sent by the seller to the buyer to inform
signed by the buyer to state that the him of the amount due on the goods
goods have been received in good order. supplied and the payment date.

7. Credit/Debit note 8. Statement of Account


Credit note is used when the seller has
overcharged the buyer and a certain sum of Sent by the seller to the buyer at a fixed time,
money is credit into his account, debit note is usually at the end of every month and shows an
used when the seller has undercharged the overview of all transactions that took place in that
buyer, sent to the buyer to inform a certain sum period of time.
of money has been deducted from his account.
The Different Types of Documents and their Uses

9. Cheque 6. Receipt of Payment

Issued by the buyer to the seller to make Is issued by the seller to the buyer as
payment. proof that payment for the goods has
been made.

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