Kaubaarve

Kaubaarve is an Estonian term that translates to "goods invoice" or "merchandise invoice." It is a legal document issued by a seller to a buyer, detailing a transaction for the sale of goods. The kaubaarve serves as proof of purchase and contains essential information about the sale.

Key components typically found on a kaubaarve include the seller's and buyer's names and addresses, the date of issue, a unique invoice number, a description of the goods sold, the quantity of each item, the unit price, and the total amount due. It may also specify payment terms, such as the due date and accepted payment methods. In some cases, value-added tax (VAT) details will be itemized separately.

The kaubaarve plays a crucial role in various business processes. For the seller, it is a record of sales, important for accounting, inventory management, and tax purposes. For the buyer, it confirms the details of the purchase, is necessary for claiming deductions or refunds, and serves as a reference for returns or disputes. It is a fundamental document in commerce, ensuring transparency and facilitating financial record-keeping between parties involved in a goods transaction within Estonia and sometimes for international trade.