Service Area 06
Foreign Trade and Import / Export Operations
In import and export, finance, accounting and customs are tied to one another. We run all three through a single point of coordination.
One contact, a full team
You get a lead specialist and a named backup for this area; other specialists step in from the team when needed.
Our Approach
In foreign trade, cost is not lost at customs. It is lost in the books.
For a company trading internationally, bookkeeping is markedly more complex than for domestic trade: multiple currencies, exchange differences, freight and insurance costs, customs declarations, payment methods and FX repatriation obligations all have to be managed at once.
Handled with a general-purpose bookkeeping approach, that complexity distorts the cost calculation and hides true product profitability. We treat foreign trade operations as a separate area of expertise.
Accurate cost
Real cost per product becomes visible, so pricing no longer rests on estimates.
Controlled FX exposure
Position and maturity structure are monitored on a regular cycle.
One coordination point
Customs broker, bank, forwarder and accounting all work from the same set of information.
What We Usually See
This is where companies usually need this service
True landed cost is unknown
When freight, insurance, duties and exchange differences are not allocated properly to product cost, pricing is built on the wrong base.
Exchange differences arrive as a surprise
Without tracking the FX position, period-end brings an unexpected hit to profit or loss.
The document chain is broken
Customs broker, freight forwarder, bank and accounting each work from different information.
Scope of Work
What we actually do
Scope is set by your transaction volume and needs. The headings below cover everything we run in this area.
Import operations
- Import file tracking and document control
- Landed cost calculation covering freight, insurance, duties and expense allocation
- Process coordination with your customs broker
- Supplier account and foreign currency balance tracking
Export operations
- Export invoicing and document processes
- Export proceeds acceptance and FX compliance tracking
- Receivables and payment term management
- Guidance on export incentives
Foreign currency and finance
- FX position tracking
- Reporting the impact of exchange differences
- Following letters of credit, documentary collections and payment terms
- Bank transactions and charge control
Advisory
- Designing the foreign trade process
- Guidance on regulatory and reporting obligations
- Operational readiness before entering a new market
What You Get
The output is concrete.
When we run this area, these are the things that get produced regularly and stay with you:
- A landed cost report per import file
- An FX position and exchange difference impact table
- An export proceeds tracking list
- One coordinated flow across customs and logistics counterparties
FAQ
Questions about this service
The questions we hear most in this area. See the main FAQ for everything else.
Do you provide customs brokerage?
We are starting to export. Can you set it up from scratch?
Related Areas
Most often combined with this service
Bookkeeping & Finance Operations
Daily handling of invoicing, customer and supplier accounts, banking, collections and document flow.
ExploreFinancial Advisory & Reporting
Cash flow, budgeting, financial analysis and a monthly report set written in management language.
ExploreGrants & Government Incentives
Eligibility analysis and application management for KOSGEB, investment incentives and SGK incentives.
ExploreIntroductory Call
Where do you stand on foreign trade operations?
In the introductory call we map your current workflow and agree what scope makes sense in this area.
