An importer who calculates profit from the supplier's price alone is fooling himself. Freight, insurance, duties, clearance and exchange differences make up the true cost.
The contract and Incoterms
A trade contract with its delivery term (FOB, CIF and others) defining who bears what, and a proforma invoice linked to it.
The letter of credit
Record every letter of credit with its latest shipment date and expiry date, so you never miss a deadline that costs you acceptance of the documents.
Landed cost
- Including freight, insurance, duties and clearance in the shipment's cost.
- Recording exchange differences between contract and payment.
- Knowing the real profit on every shipment.
Your data stays with you
Bawabetna's program runs on your company's own computers with the records encrypted with you, separate permissions for management, operations and the accountant, and it works without internet. You can import your data from your previous software and try the program free with no time limit before subscribing.
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