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A commercial invoice is used to calculate tariffs, international commercial terms, and is commonly used for customs purposes. Commercial Invoices are generally not needed for shipments between EU Countries—just between EU Countries and non-EU Countries. [3] Commercial invoices in European countries are not normally for payment.
Invoice processing : involves the handling of incoming invoices from arrival to payment. Invoices have many variations and types. In general, invoices are grouped into two types: Invoices associated with a company's internal request or purchase order (PO-based invoices) and; Invoices that do not have an associated request (non-PO invoices).
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Synova is a growth focused investor supporting European companies valued between £20m and £250m. The firm manages £1.7bn of capital on behalf of institutional investors and family offices and invests across three interrelated sectors: Software & Data, Tech Enabled Services and Financial Services. [1]
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