CHB
Airport Codes
Seaport Codes
Our Customers language
Potpourri
100
I am the official name for duties and taxes which are calculated on the basis of value.
What is AD-VALOREM Duties and Taxes?
100
MSP
What is Minneapolis?
100
TPA
What is Tampa?
100
I do not change with the volume of sales. For example, rent and salaries won’t change if a company sells more.
What is fixed costs?
100
What is a fumigation stamp?
200
I am the Customs procedure which, when goods are exported, provides for a refund (total or partial) to be made in respect of the import duties and taxes charged on the goods, or on materials contained in them or consumed in their production.
What is Duty Drawback?
200
ICH
What is Incheon?
200
PUS
What is Pusan or Busan?
200
OOG
What is Out of Gauge?
200
This prohibits any non-US ship from participating in US trade lanes(including Puerto Rico).
What is the Jones Act?
300
I am a B/L whose terms or conditions have been updated to reflect altered(or additional)data or terms.
What is a Corrected B/L?
300
BKK
What is Bangkok?
300
ILM
What is Wilmington, NC?
300
I am the percentage calculated by taking Gross Profit and dividing by Revenue for the same period.
What is Gross Margin?
300
NRA
What is a Negotiated Rate Arrangement?
400
I am good for only one importation or ISF filing. One premium must be paid for each and every shipment imported into the USA.
What is a STB or Single Transaction Bond?
400
ANC
What is Anchorage?
400
GDN
What is Gdansk?
400
I am the rules that all accountants abide by when performing the act of accounting. These general rules were established so that it is easier to compare ‘apples to apples’ when looking at a business’s financial reports.
What is GAAP?
400
FEIN
What is Federal Employer Identification Number or the Federal Tax Identification Number, is a unique nine-digit number assigned by the Internal Revenue Service to business entities operating in the United States.
500
I am an additional charge levied on the shippers to compensate for fluctuations in the price of the ship's fuel.
What is a BAF?
500
KIX
What is Osaka?
500
HFH
What is Hai Phong
500
I must consist of a unique identifier (to record the entry), a date, a debit/credit, an amount, and an account code(that determines which account is altered).
What is a Journal Entry?
500
I am a four-digit numerical codes that categorize the industries that companies belong to based on their business activities.
What is the SIC code?