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Trading Documents  Importance of Documents in Trade  Documents Used in Hong Kong  Importance of Documents in External Trade  Documents Used in External.

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Presentation on theme: "Trading Documents  Importance of Documents in Trade  Documents Used in Hong Kong  Importance of Documents in External Trade  Documents Used in External."— Presentation transcript:

1 Trading Documents  Importance of Documents in Trade  Documents Used in Hong Kong  Importance of Documents in External Trade  Documents Used in External Trade  Making Payments in External Trade

2 Importance of Documents in Trade  To keep records of transactions  To keep its book-keeping systems accurate and up-to-date  To provide information on the trading activities

3 Documents Used in Home Trade Letter of EnquiryQuotationOrder Advice Note/ Delivery Note Invoice/ Statement of Account Receipt

4 Letter of Enquiry  An enquiry by a customer to suppliers asking for details of goods which may be bought

5  A reduction in price to the public for payment in cash Cash Discount

6  A reduction in price given by a trader to other traders Trade discount

7  States the price and other details of goods a supplier is willing to sell Quotation

8  A document sent by a buyer to a supplier giving details of goods to be purchased Order

9  Be sent by the supplier to the buyer give details of delivery of the goods Advice note  Be sent with the goods, usually if the supplier’s own transport is used Delivery note

10  Is a bill which lists goods bought from the supplier Invoice

11 Credit note Debit note

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