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Qianlizhixing Posted 19 years ago
Business & Finance

invoice

During each fiscal quarter, Distributor may return for credit a quantity of excess inventory, the value of which shall not exceed 10% of Distributor's net dollar sales invoiced by Us (the manufacturer) during the preceding fiscal quarter for Our products.

The dictionary says "An invoice is a commecial document issued by a seller to a buyer". So if we invoice the sale, which two parties does the sale relate to? Between We and the Distributor? Or betwwen the Distributor and the End User?

Thanks very much!
  

Top answer

Qianlizhixing During each fiscal quarter, Distributor may return for credit a quantity of excess inventory, the value of which shall not exceed 10% of Distributor's net dollar sales invoiced by Us (the manufacturer) during the preceding fiscal quarter for Our products. The dictionary says "An invoice is a commecial document issued by a seller to a buyer". So if we invoice the sale, which two parties does the sale relate to?

  • Qianlizhixing During each fiscal quarter, Distributor may return for credit a quantity of excess inventory, the value of which shall not exceed 10% of Distributor's net dollar sales invoiced by Us (the manufacturer) during the preceding fiscal quarter for Our products.
  • The dictionary says "An invoice is a commecial document issued by a seller to a buyer".
  • So if we invoice the sale, which two parties does the sale relate to?
  • Between We and the Distributor?
  • Or betwwen the Distributor and the End User?
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2 Answers
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QianlizhixingDuring each fiscal quarter, Distributor may return for credit a quantity of excess inventory, the value of which shall not exceed 10% of Distributor's net dollar sales invoiced by Us (the manufacturer) during the preceding fiscal quarter for Our products.

The dictionary says "An invoice is a commecial document issued by a seller to a buyer".

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