1. Concept How can we purchase goods?

2. Documents Involved in these transactions: -PROFORMA: The proforma invoice is a document used by the seller to capture a detailed offer of a sale. Being an offer, if accepted by the buyer, will be the source of a sales contract. It is therefore necessary to contain all information necessary to establish the terms and conditions of sale. Assiduously, international trade relations are repetitive and, therefore, there are companies that only defined in a first time, indicating trade relations with the buyer, the terms and conditions of future purchases, so that in future limit, seller and buyer to agree on the amount of money and merchandise. The use of proforma invoice may come due in many cases, the importer need to obtain an administrative requirement prior to customs clearance of import, such as an import license, authorization for the currency needed to payment of the purchase, the opening of a documentary credit, etc.

-RECEIPT: A receipt or proof of payment is a record that is to certify that it has paid for a service or producto.Hay of various types depending on the format, if it is registered, and other features. Receipts generally extend in duplicate. The original is given to who made the payment and the duplicate is in the hands of the recipient. A receipt can be many different ways such as: gtrdvb a person or company, and details of invoices or services paid with this check issued, who operates, who reviews, the recipient as described, when receipt, description of the invoices (numbers are paid), total prices, discounts and taxes. It is used to record from a company that was what was paid or made with the issuance of said check contained in the copy voucher. It refers to voucher when you have carbon copies as vouchers for credit card you have copies as the use of the subject. You sevira you to take account of how much money your spent. -INVOICE: An invoice or bill is a commercial document issued by a seller to the buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer. An invoice indicates the buyer must pay the seller, according to the payment terms. The buyer has a maximum

amount of days to pay for these goods and is sometimes offered a discount if paid before the due date. In the rental industry, an invoice must include a specific reference to the duration of the time being billed, so in addition to quantity, price and discount the invoicing amount is also based on duration. Generally speaking each line of a rental invoice will refer to the actual hours, days, weeks, months, etc. being billed. From the point of view of a seller, an invoice is a sales invoice. From the point of view of a buyer, an invoice is a purchase invoice. The document indicates the buyer and seller, but the term invoice indicates money is owed or owing. In English, the context of the term invoice is usually used to clarify its meaning, such as "We sent them an invoice" (they owe us money) or "We received an invoice from them" (we owe them money).

3. Methods of payment: -CASH. Cash is money in the form of coins or paper money or bills. It is money that takes over, usually in a purse, wallet, or pocket, and therefore is not in the bank. A more informal expression with the same meaning is "hard cash" as the metal content in a purse. Cash comprises legal tender, which is owned by the entity and will be available immediately for operation, these are the coins, bills, bank deposits in their checking accounts, bank drafts, remittances in transit, currency foreign and precious metal coins. In economics, the cash is considered much more liquid than other forms of representations of economic value. It also considers any generally accepted medium of exchange for payment of goods and services and repayment of debts. Cash also serves as a measure of value to assess the relative economic price of different goods and services. The number of currency units required to buy an asset price is known as well. However, the currency used as a measure of the value need not be used as a means of exchange. During the period when North America was a colony, for example, Spanish currency was an important medium of exchange while the British pound was the standard measure of value. -CHECK: A check is a document that orders a payment of money from a bank account. The person writing the check, the drawer, usually has a current account or checking account where their money was previously deposited.

The drawer writes the various details including the monetary amount, date, and a payee on the check and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated. Checks are a type of bill of exchange and were developed as a way to make payments without the need to carry large amounts of money. While paper money evolved from promissory notes, another form of negotiable instrument, similar to checks in that they were originally a written order to pay the given amount to whoever had it in their possession. Technically, a check is a negotiable instrument instructing a financial institution to pay a specific amount of a specific currency from a specified transactional account held in the drawer's name with that institution. Both the drawer and payee may be natural persons or legal entities. Specifically, cheques are order instruments, and are not in general payable simply to the bearer but must be paid to the payee. In some countries, such as the US, the payee may endorse the check, allowing them to specify a third party to whom it should be paid

-ATM: An automated teller machine or automatic teller machine (ATM), is a computerized telecommunications device that provides the clients of a financial institution with access to financial transactions in a public space without the need for a cashier, human clerk or bank teller. ATMs are known by various other names including ATM machine, automated banking machine, and various regional variants derived from trademarks on ATM systems held by particular banks. On most modern ATMs, the customer is identified by inserting a plastic ATM card with a magnetic stripe or a plastic smart card with a chip, that contains a unique card number and some security information such as an expiration date or CVVC (CVV). Authentication is provided by the customer entering a personal identification number (PIN). The newest ATM at Royal Bank of Scotland operates without a card to withdraw cash up to 100. The customers should registered first their mobile phone number and bank will give a six-digit code to enter into ATM to withdraw the cash. Using an ATM, customers can access their bank accounts in order to make cash withdrawals, debit card cash advances, and check their account balances as well as purchase prepaid cellphone credit. If the currency being withdrawn from the ATM is different from that which the bank account is denominated in (e.g.: Withdrawing Japanese Yen from a bank account

containing US Dollars), the money will be converted at an official wholesale exchange rate. Thus, ATMs often provide one of the best possible official exchange rates for foreign travellers, and are also widely used for this purpose. -CREDIT CARD: A credit card is a payment card issued to users as a system of payment. It allows the cardholder to pay for goods and services based on the holder's promise to pay for them. The issuer of the card creates a revolving account and grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user. A credit card is different from a charge card: a charge card requires the balance to be paid in full each month. In contrast, credit cards allow the consumers a continuing balance of debt, subject to interest being charged. A credit card also differs from a cash card, which can be used like currency by the owner of the card.

4. How to read sum of money in english