2017-03-14 20:38:37

If the date that a company turns in all the documents for “Custom Clearance” and the date of completion of custom clearance process fall into two different calendar years, regardless of whatever the trade term is, such as CIF, FOB, etc., the date to recognize “Export Revenue” is the date the goods to be exported have gone through all custom clearance processes, or the date that Post Service as well as courier service stamps on the receipt of the goods.