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How exactly should the agency export settlement form be filled out? Is there a detailed guide?

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Our company has recently engaged in agency export business. It's the first time we've come across the agency export settlement form and we have no idea how to fill it out. I'd like to ask everyone, what do each of the items on this settlement form represent? How should items like the name, quantity, and amount of exported goods be accurately filled out? And how should various costs involved, such as agency fees and freight charges, be reflected on the settlement form? I hope that some knowledgeable friends can explain it in detail. Thank you so much!

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Professional consultant answers

James Liu
James LiuYears of service:10Customer Rating:5.0

Foreign trade tax refund consultantConsult

The filling of the agency export settlement form should be and accurate. Firstly, the basic information of the consignor and the consignee, including the company name, address, contact information, etc., should be filled in the header part.

In the column of exported goods information, the "Name of Exported Goods" should be filled in accordance with the standardized commodity name on the customs declaration form to ensure consistency; the "Quantity" should be filled with the actual quantity of exported goods, and attention should be paid to ensuring that the unit is the same as that on the customs declaration form; the "Amount" should be filled with the export amount corresponding to the commodity, usually based on the FOB price on the customs declaration form.

For the cost part, the "Agency Fee" should be calculated and filled by multiplying the agency rate agreed upon by both parties by the export amount; if the "Freight" is prepaid by the agency, the actual paid freight amount should be filled, and the payment method of the freight and the means of transportation should be noted. In addition, there are other costs such as insurance premiums, which should all be filled truthfully. Finally, the settlement form needs to be stamped and confirmed by both parties to ensure the accuracy and effectiveness of the settlement.

Amanda Yang
Amanda YangYears of service:3Customer Rating:5.0

Cost control consultantConsult

The name of the exported goods should be written clearly with specific specifications and models to avoid general expressions, otherwise it may affect the accuracy of the settlement. The quantity filled should be consistent with the shipping documents to prevent discrepancies.

Robert Chen
Robert ChenYears of service:6Customer Rating:5.0

Customer service consultantConsult

In terms of the amount, besides the FOB price, if other trade terms are involved, such as CIF, the insurance premium and freight should be deducted to calculate the FOB price for filling. The calculation of the agency fee should not be wrong and should be done according to the contract agreement.

Elizabeth Li
Elizabeth LiYears of service:3Customer Rating:5.0

Compliance and risk managerConsult

When filling out the settlement form, clear remarks should be made for various costs, such as whether the freight is generated from a full container or LCL, so that it is convenient to check the accounts later.

Andrew Huang
Andrew HuangYears of service:7Customer Rating:5.0

Supply chain optimization expertConsult

Remember to check the data logic on the settlement form, such as the relationship between the export amount, the total cost and the final settlement amount should be correct, and no calculation errors should occur.

Jennifer Wang
Jennifer WangYears of service:4Customer Rating:5.0

Market development consultantConsult

If there are different batches of exported goods, they should be listed clearly separately when filling in the commodity information to facilitate statistics and settlement.

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

For some special costs, such as terminal handling charges, etc., it is necessary to communicate and confirm with the consignor in advance how to fill them out and the bearing method.

Emily Liu
Emily LiuYears of service:10Customer Rating:5.0

Settlement and payment expertConsult

The date of the settlement form should be filled accurately, which is important for tracing the business timeline, and generally it is based on the date when the settlement is completed.

Sarah Zhang
Sarah ZhangYears of service:8Customer Rating:5.0

Document expertConsult

When filling out the settlement form, the handwriting should be clear to avoid misunderstandings caused by blurriness, the writing of numbers should be, and the position of the decimal point should not be wrong.

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