Get the free 11. LC WORKSHEET

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How to fill out 11 lc worksheet

How to fill out 11 lc worksheet

1. To fill out the 11 lc worksheet, follow these steps:
2. Start by gathering all the necessary information such as the name of the company, the date, and the purpose of the worksheet.
3. Begin by writing down the details of the first transaction, including the LC number, the importer's name and address, and the exporter's name and address.
4. Fill out the details of the goods being imported or exported, including the description, quantity, unit price, and total value.
5. Include any additional charges or fees associated with the transaction, such as insurance or transportation costs.
6. Calculate the total amount payable, including the cost of goods and any additional charges.
7. Repeat the above steps for each transaction listed on the worksheet.
8. Double-check all the information filled out on the worksheet to ensure accuracy.
9. Sign and date the worksheet once all the information has been filled out correctly.
10. Keep a copy of the completed worksheet for your records and submit the original to the appropriate authority or party involved in the transaction.

Who needs 11 lc worksheet?

1. The 11 lc worksheet is typically needed by importers, exporters, and financial institutions involved in international trade.
2. It helps in documenting and recording the details of each transaction, ensuring accurate financial reporting and adherence to customs regulations.
3. Importers and exporters often use the 11 lc worksheet to keep track of their transactions and calculate the total amount payable.
4. Financial institutions may require the 11 lc worksheet as part of their due diligence process when providing financing or credit to businesses involved in international trade.

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