project 9 accounting

1、Freight Forwarder EnglishFreight Forwarder Englishj In this module, you are expected Module 9: accountingObjectivesTo know the business letter useful sentencesTo know well about the basic termsTo know the telephone communication skills.To master the procedure of accountingFreight Forwarder EnglishFr

2、eight Forwarder English This task is about accounting through the telephone communication. ABC Company is scheduled to export 10000 foot wears from Shanghai to Africa. Fast Freight forwarder will account for ABC Company as the general agents. During the telephone communication, ABC Company will stat

3、e the low risk payment according to the situation of exporter. Importer cannot accept the payment from the exporter, and they can provide the other payment. During this task, the students will role play the 3F and ABC Company; they can grasp the accounting key sentences and business procedure. Task

4、Your Try1Freight Forwarder EnglishFreight Forwarder EnglishDialogue 1 Letter of credit accounting3F: This is the Fast Freight forwarder. We cannot accept any terms of payment other than a letter of credit due to the big amount.ABC: How do we apply for the letter of credit?3F: A letter of credit is a

5、 document issued by a financial institution, or a similar party, assuring payment to a seller of goods and/or services. The seller then seeks reimbursement from the buyer or from the buyers bankABC: Is it the Clean L/C or Documentary L/C? 3F: Clean L/C refers to the L/C negotiable by a draft without

6、 shipping documents attached. Documentary L/C refers to the L/C negotiable by a documentary draft with shipping documents attached. We can only accept the revocable L/C due to the big riskABC: We suggest that irrevocable L/C is better for us.3F: Can we change other payment? L/C can increase our cost

7、, and we have to pay a sum of deposit, which will tie up our money and bring us a lot of difficulty.ABC: I see. But for large orders, we insist on payment by L/C.3F: When should we open the irrevocable L/C?ABC: The L/C should be issued by the importer 15 to 30 days before delivery so that we can mak

8、e the necessary arrangement.3F: How long should L/C be valid?ABC: The L/C should be valid for 15 days after shipping date.3F: Could you tell me the related documents?ABC: We will provide a set of bills, an invoice, an export license, an insurance policy, a certificate of origin and inspection certif

9、icate.3F: Ok, if we have any questions, and we will contact you again. Thank you.ABC: You are welcome.to make a telephoneFreight Forwarder EnglishFreight Forwarder EnglishDialogue 2 Collection accounting3F: This is Fast Freight forwarder. Is there anything I can do for you?ABC: This is ABC Company,

10、We will export 10000 foot wears from Shanghai to Africa, and we want to have the collection payment.3F: Can you introduce some information about collection?ABC: Collection is the payment in the international trade. The payment is achieved by banks under the terms of Document against Payment (D/P) or

11、 Documents against Acceptance (D/A).3F: What is the difference between D/P and D/A?ABC: It has a lot of difference. D/P include Document against payment at sight and Document against payment of use bills3F: What is the difference between them?ABC: Document against payment at sight is after paying th

12、e purchase price in order to get the commercial documents. But, Document against payment of use bills means that the importer is given a certain period to make payment after presentation of the documents, but he cannot get the documents until he pays.3F: We think Collection is less safe than L/C to

13、the exporter. They are often used in the small amount deal.ABC: You mean that collection is not suitable for our cases3F: Yes, we think that L/C can ensure that an exporter gets his money when he dispatches his goods, which can give the exporter the largest possible protection.ABC: We will consider

14、it3F: Ok. Looking forward to your reply.ABC: Thank you for help3F: You are welcome. To make a telephoneFreight Forwarder EnglishFreight Forwarder English Letter 1 Exporter require the payment for articles June 10th, 2011Dear Sir,Thank you for the order you have given to us. The total amount is so bi

15、g and the world monetary market is rather unstable at the moment, we cannot accept any terms of payment other than a letter of Credit. We appreciate the support you have extended us in the past. If you do us a special favor, and we will be appreciated. We are looking forward to your confirmation. Th

16、ank you. Yours faithfully, ABC Company Export DepartmentTo write a business letterFreight Forwarder EnglishFreight Forwarder English Letter 2 Importer refuse the payment from Exporter June 20th,2011Dear Sir,We are acknowledged your letter of June 10th. We regret to say that our records show that we

17、do not have a sufficient basis for extending L/C to you. The contact is less than USD 4,000 in value; we would like you to ship the goods to us on D/P. We hope that you will take commercial reputation into account in all seriousness, and we can only provide D/P payment. We look forward to your reply

18、 as soon as possible Yours faithfully, Fast freight forward company To write a business letterFreight Forwarder EnglishFreight Forwarder English1According to the requirement and direction of the applicant, the bank is to issue a promised payment receipt. It is _a_a.Letter of credit b. Remittance c C

19、ollection2_c_is made through banks under the terms of Documents against payment(D/P) or Documents against Acceptance (D/a)a. Letter of credit b. Remittance c Collection3. _b_ refers to the importer remitting money to the exporter on his initiative through a bank according to the terms and time stipu

20、lated in the contract a. Letter of credit b. Remittance c Collection 4. _a_refers to the L/C negotiable by a draft without shipping documents attached a. Clean L/C b. Documentary L/C c L/C5._a_ is the valid time of L/C?a. 15 b. 25 c 30 【Synchronous testing】Freight Forwarder EnglishFreight Forwarder

21、English 6. _b_ refers to the L/C which can be amended by or cancelled by the issuing bank at any moment without prior notice to the beneficiary a. L/C b. Revocable L/C c. Irrevocable L/C 7._c_ refers to the L/C which cannot be modified or withdrawn by the issuing bank within the credit validity with

22、out the consent of the seller. a. L/C b. Revocable L/C c. Irrevocable L/C 8.Remittance includes_abc_.a. remitter b. paying bank c. payee 9.Remittance includes_abc_.a. Mail Transfer b. Telegraph Transfer c Demand Draft.10._a_ and _b_are available to the relatively small amount.a. D/P b. D/A c question 【Synchronous testing】 Freight Forwarder EnglishFreight Forwarder English1)Wudong Export Company is scheduled to import 40000 containers from Dalian to Luxembourg. Translink Logistics Ltd will negotiate the payment ac