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For factoring, which involves more work, the charge can be anything between 0.5% and 3% of invoice value.
This is the total invoice value including any amounts charged to customers to cover the cost of landfill tax.
The money is drawn down electronically from the factor, at up to 75 per cent of the invoice value.
You may have to pay an account set-up fee and there is often a minimum invoice value.
"Then that's the whole invoice value right there."
It may differ from the amount agreed on the sales agreement (the invoice value) as a result of the delivery terms used in the transaction.
Once the goods have been shipped, the export factor may advance up to 80% of the invoice value to the exporter.
Total invoice value sixty thousand dollars.
Net receipts is in all cases defined as the invoiced value of sales of the Work, less any credit notes applicable.
The UK allows traders to report invoice value together with the delivery terms associated with this trade.
The raw data are the basic facts and figures of operational life, such as output figures, hours worked, invoice values, part numbers etc.
If after 90 days past due date an approved invoice remains unpaid, the import factor will pay 100% of the invoice value under guarantee.
The factoring company pays you a percentage of the invoice value up-front and the balance (less their percentage) once they have collected payment.
The exporter presents the required export documents to his bank and receives immediate payment from the bank of up to 100% of invoice value.
With the help of additional survey data, SATU makes the adjustments from invoice value to statistical value.
This method of adjustment relies totally on the presence of delivery terms and the ancillary cost adjustments are added to, or subtracted from invoice value accordingly.
However, although you will be paid the invoice ahead of terms, a fee will be payable, which will be taken off the invoice value.
The purpose of the survey is to provide the ancillary cost information in order to derive the country/delivery term factors used to adjust the declared invoice value to statistical value.
The cost of processing such a large number of documents has been estimated at approximately 10% of the invoice value of the goods -a significant cost by any standard.
Some Member States collect statistical value from the trader; other Member States collect invoice value and estimatethe Statistical Value.
Taking out a currency loan means borrowing the invoice value in your customer's currency, converting it to your own currency, and then repaying the loan when your customer pays you.
The Cash on Delivery facility provides you with a means of collecting a specific amount of money - up to a maximum invoice value of £350 - upon delivery of the parcel.
If you make sales to, or receive purchases from private individuals in another Member State you must report the transaction on an Intrastat supplementary declaration using the VAT exclusive invoice value.
Where you can show that the intra-company invoice value between the head office and its branch or vice-versa represents a fully costed (arm's length) price (see Section 30), this would be acceptable under Method 6.
Once the sale has taken place, the import factor collects the full invoice value at maturity and is responsible for the swift transmission of funds to the export factor who then pays the exporter the outstanding balance.