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Latest post Fri, Sep 7 2007 3:35 AM by Qianlizhixing. 2 replies.
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Qianlizhixing  +  414490 Wed, 05 Sep 07 12:56 PM

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!

Joined on Tue, Mar 20 2007
Junior Member 67
He descended from His throne and came to my little cottage.
Feebs11  +  414699 Wed, 05 Sep 07 09:07 PM
 Qianlizhixing wrote:

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!



Between the supplier and the distributor - "Us" and the distributor.
Joined on Thu, Nov 23 2006
UK
Veteran Member 5,015
Qianlizhixing, 2 yr 79 days ago
Thanks!
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