Currency
Invoice and payment.
Many Iraqi teams work Sunday to Thursday, and scheduling, reminders and reports follow that week. In import and export the quote comes in one currency, the document in another language, the delivery term under another rule. The system gathers foreign-currency price and invoice, term-based cost, trade document set and shipment tracking in the same file, so each file is followed from start to end.
Each export or import is opened as a file: quote, order, document set, carrier, payment and shipment are gathered in one place. Costs tied to the file (freight, insurance, customs broker) are allocated to cost and the real margin becomes visible.
Customs procedures are carried out by the customs broker; the system provides document preparation and tracking.
The invoice rate is recorded, the exchange difference at payment is shown separately and the USD equivalent stands beside it. Terms such as advance payment, letter of credit or deferred payment are written to the file; expected payment feeds the cash-flow forecast.
Letters of credit and bank procedures are handled with the bank; the software only provides records and tracking.
By e-mail we discuss your processes, roles, existing systems and how data is moved, and set the scope in writing.
We build the solution around your workflow and connect it to e-mail, calendar, documents and payment.
We test every flow with realistic cases, train your team and go live only when it is right.
Iraq is a small, open economy in foreign trade; firms trade intensively with the EU and USD and EUR work side by side. The system supports several currencies and languages; assessment of customs, export control and tax matters belongs to the company and its specialist.
There is no country limit; currency, language and delivery term are defined per customer.
No; these assessments belong to the company and its specialist, the software only keeps records.
Documents arise from the order automatically in Iraq: proforma invoice and delivery note. USD quote, Arabic and English.
Learn moreSeveral currencies, one clear picture in Iraq: multiple currencies and rate record. USD quote, Arabic and English.
Learn moreDelivery terms consistent on document and price in Iraq: term selection and freight line. USD quote, Arabic and English.
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