The International Cotton Association (ICA) is a trade association and arbitral body that operates on a not-for-profit basis in the commodity of cotton .
90-634: Formerly the Liverpool Cotton Association, it was formed in 1841 in Liverpool , UK, by a group of cotton brokers who created a set of trading rules to regulate the sale and purchase of raw cotton. The ICA is made up of member firms or individuals from the international cotton supply chain . It is one of the founding members of CICCA (Committee for International Cooperation between Cotton Associations) and has established partnerships with other global cotton associations including
180-671: A city which also suffered severe aerial bombing during the war. In the 1950s and 1960s, much of the immediate reconstruction that took place in the city centre proved to be deeply unpopular. The historic portions of the city that had survived German bombing suffered extensive destruction during urban renewal. It has been argued that the so-called "Shankland Plan" of the 1960s, named after the town planner Graeme Shankland , led to compromised town planning and vast road-building schemes that devastated and divided inner city neighbourhoods. Concrete brutalist architecture , compromised visions, botched projects and grand designs that were never realised became
270-556: A joint European Capital of Culture for 2008. The celebrations included the erection of La Princesse , a large mechanical spider 20 metres high and weighing 37 tonnes, which represented the "eight legs" of Liverpool: honour, history, music, the Mersey, the ports, governance, sunshine and culture. La Princesse roamed the streets of the city during the festivities, and concluded by entering the Queensway Tunnel . Spearheaded by
360-525: A pioneer of scientific toponymy in Wales, in "Place Names of North Wales", does not attempt to explain it beyond noting that " lleifiad " is used as a Welsh equivalent of "Liver". A derivative form of a learned borrowing into Welsh ( * llaf ) of Latin lāma (slough, bog, fen) to give " lleifiad " is possible, but unproven. In the Middle Ages , Liverpool existed firstly as farmland within
450-505: A process in place for approving payment of invoices based on an employee's confirmation that the goods or services have been received. Typically, when paying an invoice, a remittance advice will be sent to the supplier to inform them their invoice has been paid. Non-payment and late payment of invoices is estimated to be the cause of 25% of corporate bankruptcies. To mitigate this, the European Commission has introduced
540-407: A regenerated Albert Dock which proved to be a catalyst for further regeneration. In the mid-1990s, the city enjoyed growth rates higher than the national average. At the end of the 20th century, Liverpool was concentrating on regeneration, a process that continues today. Ongoing regeneration combined with the hosting of internationally significant events has helped to re-purpose Liverpool as one of
630-413: A seller's point of view, an invoice is a sales invoice . From a buyer's point of view, an invoice is a purchase invoice . The document indicates the buyer and seller, but the term invoice indicates money is owed or owing. Invoices appear as one of the very earliest manifestations of written records in ancient Mesopotamia . The typical format of an invoice starts with a header prominently featuring
720-705: Is a cathedral city , port city , and metropolitan borough in Merseyside , England. It had a population of 496,770 in 2022. The city is located on the eastern side of the Mersey Estuary , adjacent to the Irish Sea , and is approximately 178 miles (286 km) northwest of London . Liverpool is the fifth largest city in the United Kingdom and the largest settlement in Merseyside. It is part of
810-869: Is a standard that was developed in the Czech Republic as a universal format for electronic invoices. On 16 October 2008, 14 companies and the Czech government signed a declaration to use this format within one year in their products. After implantation of the Goods and Services Tax (GST) in India, concept of e-invoicing has been introduced for businesses with a turnover of more than Rs 5 crore from 1 August 2023. Now reporting of Business to Business (B2B) invoices for notified category of taxpayer. As of 2022, Business to Consumer (B2C) invoices are exempt from e-invoicing. Organizations purchasing goods and services usually have
900-476: Is also home to the UK's oldest surviving classical orchestra ( Royal Liverpool Philharmonic Orchestra ) and repertory theatre ( Liverpool Playhouse ). In 1864, Peter Ellis built the world's first iron-framed, curtain-walled office building, Oriel Chambers , which was a prototype of the skyscraper. The UK's first purpose-built department store was Compton House , completed in 1867 for the retailer J.R. Jeffrey. It
990-639: Is also the home of the earliest black community in the UK , the earliest Chinese community in Europe , and the first mosque in England. The name comes from the Old English lifer , meaning thick or muddy water, and pōl , meaning a pool or creek, and is first recorded around 1190 as Liuerpul . According to the Cambridge Dictionary of English Place-Names , "The original reference
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#17327944549241080-418: Is beyond dispute, claims are sometimes made that the name Liverpool is of Welsh origin, but these are without foundation. The Welsh name for Liverpool is Lerpwl , from a former English local form Leerpool. This is a reduction of the form "Leverpool" with the loss of the intervocalic [v] (seen in other English names and words e.g. Daventry (Northamptonshire) > Danetry, never-do-well > ne’er-do-well). In
1170-570: Is named after the city. As early as 1851, the city was described as "the New York of Europe". During the late 19th and early 20th century, Liverpool was attracting immigrants from across Europe. This resulted in the construction of a diverse array of religious buildings in the city for the new ethnic and religious groups, many of which are still in use today. The Deutsche Kirche Liverpool , Greek Orthodox Church of St Nicholas , Gustav Adolf Church and Princes Road Synagogue were all established in
1260-469: Is often used as a filming location due to its distinctive architecture , and was the fifth most visited UK city by foreign tourists in 2022. It is the only UNESCO City of Music in England and has produced countless musicians , most notably the Beatles , who are widely regarded as the most influential band of all time ; musicians from the city have released more UK No. 1 hit singles than anywhere else in
1350-410: Is said to have been designed by King John near the same time it was granted a royal charter , making it a borough. The original seven streets were laid out in the shape of a double cross: Bank Street (now Water Street ), Castle Street , Chapel Street , Dale Street , Juggler Street (now High Street ), Moor Street (now Tithebarn Street ) and Whiteacre Street (now Old Hall Street ). Liverpool Castle
1440-579: Is the cross industry invoice under development by the United Nations standards body UN/CEFACT and the other is Universal Business Language (UBL) which is issued by Organization for the Advancement of Structured Information Standards (OASIS). Implementations of invoices based on UBL are common, most importantly in the public sector in Denmark as it was the first country where the use of UBL
1530-594: Is the world's oldest existing organisation devoted to the promotion of spaceflight . Its journal, the Journal of the British Interplanetary Society , is the longest-running astronautical publication in the world. Invoice An invoice , bill or tab is a commercial document issued by a seller to a buyer relating to a sale transaction and indicating the products , quantities, and agreed-upon prices for products or services
1620-479: Is traded under ICA Bylaws and Rules, parties have the right to apply for ICA arbitration in the event of a contract dispute. The service is impartial and internationally recognised. ICA arbitration awards can be enforced in foreign courts under international law, following an agreement made in New York on 10 June 1958 (The Convention on the Recognition and Enforcement of Foreign Arbitral Awards) . In 2011,
1710-568: The British Armed Forces , settled in Liverpool and other port cities. In June 1919, they were subject to attack by whites in racial riots; residents in the port included Swedish immigrants , and both groups had to compete with native people from Liverpool for jobs and housing. In this period, race riots also took place in other port cities. The Housing Act 1919 resulted in mass council housing being built across Liverpool during
1800-686: The China Cotton Association , Bremen Baumwollboerse and the Gdynia Cotton Association. The ICA has two primary functions (the ICA Bylaws and Rules and an arbitration service) and it provides support facilities that include training, trade events, networking forums and cotton testing through a joint venture company (ICA Bremen). The Bylaws and Rules were created in 1863 to regulate the sale and purchase of raw cotton. They can be applied to contracts covering
1890-545: The English Civil War , including a brief siege in 1644. In 1699, the same year as its first recorded slave ship , Liverpool Merchant , set sail for Africa, Liverpool was made a parish by Act of Parliament . But arguably, the legislation of 1695 that reformed the Liverpool council was of more significance to its subsequent development. Since Roman times , the nearby city of Chester on the River Dee had been
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#17327944549241980-649: The European Union legislation was passed in 2010 in the form of directive 2010/45/EU to facilitate the growth of Electronic Invoicing across all its member states. This legislation caters for varying VAT and inter-country invoicing requirements within the EU, in addition to legislating for the authenticity and integrity of invoices being sent electronically. It is estimated that in 2011 alone roughly 5 million EU businesses will have sent Electronic Invoices. The XML message format for electronic invoices has been used since
2070-551: The Eurovision Song Contest 2023 . Liverpool has been a centre of invention and innovation. Railways, transatlantic steamships , municipal trams, and electric trains were all pioneered in Liverpool as modes of mass transit. In 1829 and 1836, the first railway tunnels in the world were constructed under Liverpool ( Wapping Tunnel ). From 1950 to 1951, the world's first scheduled passenger helicopter service ran between Liverpool and Cardiff . The first School for
2160-584: The Great War was marked by social unrest, as society grappled with the massive war losses of young men, as well as trying to re-integrate veterans into civilian life and the economy. Unemployment and poor living standards greeted many ex-servicemen. Union organising and strikes took place in numerous locations, including a police strike in Liverpool among the City Police . Numerous colonial soldiers and sailors from Africa and India, who had served with
2250-613: The Liverpool City Region , a combined authority with a population of over 1.5 million. Established as a borough in Lancashire in 1207, Liverpool became a significant town in the late 17th century, when the port at nearby Chester began to silt up. The Port of Liverpool became heavily involved in the Atlantic slave trade , with the first slave ship departing from the town in 1699. The port also imported much of
2340-730: The Macgregor Laird expedition to the Niger River, at that time in progress. This is to a painting by Samuel Austin , Liverpool, from the Mersey . Britain was a major market for cotton imported from the Deep South of the United States, which fed the textile industry in the country. Given the crucial place cotton held in the city's economy, during the American Civil War Liverpool was, in
2430-525: The Paradise Project , a £920 million development based on Paradise Street . This produced one of the most significant changes to Liverpool's city centre since the post-war reconstruction. Renamed as ' Liverpool One ,' the centre opened in May 2008. In 2007, events and celebrations took place in honour of the 800th anniversary of the founding of the borough of Liverpool. Liverpool was designated as
2520-570: The Queensway Tunnel linking Liverpool and Birkenhead . Described as "the eighth wonder of the world" at the time of its construction, it was the longest underwater tunnel in the world for 24 years. In 1897, the Lumière brothers filmed Liverpool, including what is believed to be the world's first tracking shot , taken from the Liverpool Overhead Railway , the world's first elevated electrified railway. The Overhead Railway
2610-561: The River Dee continued to silt up, Liverpool began to grow with increasing rapidity. The first commercial wet dock was built in Liverpool in 1715. Substantial profits from the slave trade and tobacco helped the town to prosper and rapidly grow, although several prominent local men, including William Rathbone , William Roscoe and Edward Rushton , were at the forefront of the local abolitionist movement . The 19th century saw Liverpool rise to global economic importance. Pioneering, world first , technology and civic facilities launched in
2700-694: The UNECE Committee on Trade, which involves a more detailed description of the logistics aspect of merchandise and, therefore may be convenient for international logistics and customs procedures. There are different types of invoices: Some invoices are no longer paper-based, but rather transmitted electronically over the Internet. It is still common for electronic remittance or invoicing to be printed in order to maintain paper records. Standards for electronic invoicing vary widely from country to country. Electronic Data Interchange (EDI) standards such as
2790-477: The West Derby Hundred before growing in to a small town of farmers, fishermen and tradesmen and tactical army base for King John of England . The town was planned with its own castle , although due to outbreaks of disease and its subordinance to the nearby Roman port of Chester , the town's growth and prosperity stagnated until the late 17th and early 18th centuries. Substantial growth took place in
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2880-482: The sea-holly was Liverpool's final choice. The initiative was designed to highlight growing threats to the UK's flower species and also ask the public about which flowers best represented their county. Capitalising on the popularity of 1960s rock groups, such as the Beatles , as well as the city's world-class art galleries, museums and landmarks, tourism and culture have become a significant factor in Liverpool's economy. In 2004, property developer Grosvenor started
2970-484: The " Merseybeat " sound, which became synonymous with the Beatles and fellow Liverpudlian rock bands. Influenced by American rhythm and blues and rock music, they also in turn strongly affected American music. The Beatles became internationally known in the early 1960s and performed around the world together ; they were, and continue to be, the most commercially successful and musically influential band in popular history. Their co-founder, singer, and composer John Lennon
3060-537: The 1800s to serve Liverpool's growing German, Greek, Nordic and Jewish communities, respectively. One of Liverpool's oldest surviving churches, St. Peter's Roman Catholic Church , served the Polish community in its final years as a place of worship. The 20th century saw Liverpool's established rank as a global economic powerhouse challenged. Its strategic location as an international seaport made it particularly vulnerable in two World wars . Economic depressions (both in
3150-568: The 1840s when Irish migrants began arriving by the hundreds of thousands as a result of the Great Famine . While many Irish settled during this time in the city, a large percentage also emigrated to the United States or moved to the industrial centres of Lancashire , Yorkshire and the Midlands . In her poetical illustration "Liverpool" (1832), which celebrates the city's worldwide commerce, Letitia Elizabeth Landon refers specifically to
3240-480: The 1920s and 1930s. In the 1920s and 1930s, as much as 15% of the city's population (around 140,000 people) was relocated from the inner-city to new purpose built, lower density suburban housing estates, based on the belief that this would improve their standard of living, though the overall benefits have been contested. Numerous private homes were also built during this era. During the Great Depression of
3330-411: The 19th century, some Welsh publications used the name " Lle'r Pwll " ("(the) place (of) the pool"), a reinterpretation of Lerpwl , probably in the belief that " Lle'r Pwll " was the original form. Another name, which is widely known even today, is Llynlleifiad , again a 19th-century coining. " Llyn " is pool, but " lleifiad " has no obvious meaning. G. Melville Richards (1910–1973),
3420-822: The Blind , Mechanics' Institute , High School for Girls, council house, and Juvenile Court were all founded in Liverpool. Charities such as the RSPCA , NSPCC , Age Concern , Relate , and Citizen's Advice Bureau all evolved from work in the city. The first lifeboat station, public bath and wash-house, sanitary act, medical officer for health ( William Henry Duncan ), district nurse, slum clearance , purpose-built ambulance, X-ray medical diagnosis, school of tropical medicine ( Liverpool School of Tropical Medicine ), motorised municipal fire-engine, free school meal, cancer research centre, and zoonosis research centre all originated in Liverpool. The first British Nobel Prize
3510-534: The European Union), workshop CEN/BII, for public procurement in Europe. The result of that work is PEPPOL . There UBL procurement documents are implemented between various European countries. An agreement was made between UBL and UN/CEFACT for convergence of the two XML messages standards with the objective of merging the two standards into one before end of 2009, including the provision of an upgrade path for implementations started in either standard. ISDOC
3600-574: The ICA’s archive collection was catalogued and re-housed at the Liverpool Record Office . Described by Dr Tony Webster, Head of History at Liverpool John Moores University , as "one of the most valuable business resources in the city", the collection contains the history of the evolution of the ICA and the cotton industry. The complete collection from 1798 to 2004 is available online as part of
3690-663: The Liverpool Cotton Futures Market closed. After the War the Raw Cotton Commission became the sole importer and distributor of cotton. The Cotton Market reopened in 1954, but as a shadow of its former self. In 1963 the Liverpool Cotton Association successfully reinvented itself and re-energised its membership, concentrating on the provision of specialist services such as arbitration. The association became increasingly global in its outlook and this
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3780-597: The Liverpool Cotton Market. In 1911-12 Liverpool imported 5,230,399 bales of cotton. The First World War was a turning point for the Lancashire cotton industry and the Liverpool Cotton Market. The demand for cotton in India and China was now being met by the cotton mills of Japan and India. Lancashire could not compete with their cheaper labour and products. Its Far East market collapsed and cotton imports to Liverpool halved. Further problems came with
3870-530: The Mersey, and the CSS Shenandoah surrendered there (being the final surrender at the end of the war). The city was also the center of Confederate purchasing war materiel, including arms and ammunition, uniforms, and naval supplies to be smuggled by British blockade runners to the South . For periods during the 19th century, the wealth of Liverpool exceeded that of London, and Liverpool's Custom House
3960-752: The National Olympian Association in Liverpool, a forerunner of the British Olympic Association . Its articles of foundation provided the framework for the Olympic Charter . A concept devised by retail entrepreneur David Lewis , the first Christmas grotto opened in Lewis's department store in Liverpool in 1879. Sir Alfred Lewis Jones , a shipowner, introduced bananas to the UK via Liverpool's docks in 1884. The Mersey Railway , opened in 1886, incorporated
4050-606: The Queen recognised Liverpool as "one of the most distinctive and energetic parts of the United Kingdom", and paid tribute to the city's "major orchestras, world-class museums and galleries". She also acknowledged Liverpool's bid to become the European Capital of Culture . To celebrate the Golden Jubilee of Elizabeth II in 2002, the conservation charity Plantlife organised a competition to choose county flowers ;
4140-526: The UK's first Underwriters' Association and the first Institute of Accountants . The Western world's first financial derivatives (cotton futures) were traded on the Liverpool Cotton Exchange in the late 1700s. In the arts, Liverpool was home to the first lending library ( The Lyceum ), athenaeum society ( Liverpool Athenaeum ), arts centre ( Bluecoat Chambers ), and public art conservation centre ( National Conservation Centre ). It
4230-414: The United Kingdom and across the world), changing housing patterns and containerisation in the maritime industry contributed to a downtrend in the city's productivity and prosperity. Despite this, the city's influence on global popular culture excelled and by the end of the century, the continuing process of urban renewal paved the way for the redefined modern city of the 21st century. The period after
4320-629: The United Nation's EDIFACT standard include message encoding guidelines for electronic invoices. The EDIFACT is followed up in the UN/CEFACT ebXML syntax cross industry invoice. The United Nations standard for electronic invoices ("INVOIC") includes standard codes for transmitting header information (common to the entire invoice) and codes for transmitting details for each of the line items (products or services). The "INVOIC" standard can also be used to transmit credit and debit memos. In
4410-624: The archive catalogue at the Liverpool Record Office. An abridged version appears below: The first recorded cotton dealing in Liverpool was a newspaper advertisement for an auction of 28 bags of Jamaican cotton in 1759. Over the next seven decades the Industrial Revolution brought major changes to cotton production. Liverpool enjoyed a physical proximity to the world centre of the industry – the Lancashire cotton towns . It also had well-established trading links with
4500-411: The area. More immigrants arrived after World War II, mostly settling in older inner-city areas such as Toxteth , where housing was less expensive. The black population of Liverpool was recorded at 1.90% in 2011. In the 2021 Census , 5.2% described themselves as black African, Caribbean, mixed white and black African, mixed white and Caribbean or 'other black'. In the 1960s, Liverpool was the centre of
4590-522: The central government in London. Liverpool in the 1980s has been labelled as Britain's 'shock city'. Once the second city of the British Empire which rivalled the capital city in global significance, Liverpool had collapsed in to its 'nadir' at the depths of post-colonial , post-industrial Britain. In the late 20th century, Liverpool's economy began to recover. The late 1980s saw the opening of
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#17327944549244680-538: The city and form an important part of the economy. In June 2014, Prime Minister David Cameron launched the International Festival for Business in Liverpool, the world's largest business event in 2014, and the largest in the UK since the Festival of Britain in 1951. The Labour Party has chosen Liverpool numerous times since the mid 2010s for their annual Labour Party Conference . Liverpool hosted
4770-494: The city to serve the accelerating population which was fuelled by an influx of ethnic and religious communities from all around the world. By the start of the 19th century, a large volume of trade was passing through Liverpool, and the construction of major buildings reflected this wealth. In 1830, Liverpool and Manchester became the first cities to have an intercity rail link, through the Liverpool and Manchester Railway . The population continued to rise rapidly, especially during
4860-481: The city's docks became largely obsolete, and dock workers were made unemployed. By the early 1980s, unemployment rates in Liverpool were among the highest in the UK, standing at 17% by January 1982 although, this was about half the level of unemployment that had affected the city during the Great Depression some 50 years previously. During this period, Liverpool became a hub of fierce left-wing opposition to
4950-484: The city. By the 2020s, urban regeneration throughout the city continues. Liverpool Waters , a mixed-use development in the city's disused northern docklands, has been identified as one of the largest megaprojects in the UK's history. Everton's new stadium at Bramley-Moore Dock was regarded as the largest single-site private sector development in the United Kingdom at the time of construction. Major events, business and political conferences regularly take place in
5040-564: The contract". The practice of "invoicing back" has been described as "a source of contention" by the UK courts because the clause which enforce it takes no account of which party is responsible for the contractual non-performance. Mr Justice Burton , in Dunavant Enterprises Inc. v Olympia Spinning and Weaving Mills Ltd. (2011), refers to a series of legal cases from 1911 onwards where there has been judicial criticism of invoicing back clauses. Liverpool Liverpool
5130-572: The cotton required by the neighbouring Lancashire textile mills , and became a major departure point for English and Irish emigrants to North America. Liverpool rose to global economic importance at the forefront of the Industrial Revolution in the 19th century and was home to the first intercity railway , the first non-combustible warehouse system (the Royal Albert Dock ), and a pioneering elevated electrical railway ; it
5220-648: The decimation of the American crop of 1921 by the ravages of the boll weevil . The Wall Street Crash of 1929 brought with it the Great Depression and the effect on the Liverpool cotton market was severe: in 1931 Liverpool’s cotton imports were at their lowest for 62 years. The Second World War sealed the Liverpool Cotton Market’s fate. U-boat attacks and the bombing of ports and cities threatened cotton supplies and resulted in drastic action. The government took responsibility for purchase and distribution and
5310-580: The early 1930s, unemployment peaked at around 30% in the city. Liverpool was the site of Britain's first provincial airport , operating from 1930. During the Second World War , the critical strategic importance of Liverpool was recognised by both Hitler and Churchill . The city was heavily bombed by the Germans, suffering a blitz second only to London's. The pivotal Battle of the Atlantic
5400-519: The formation of the Liverpool City Region Combined Authority in a form of devolution . With a devolved budget granted by central government , the authority now oversees and invests in foremost strategic affairs throughout the Liverpool City Region , including major regeneration projects. The authority, along with Liverpool City Council itself, has embarked on long-term plans to grow the population and economy of
5490-576: The inception of XML in 1998. Open Application Group Integration Specification (OAGIS) has included an invoice since 2001. The Open Applications Group (OAGi) has a working relationship with UN/CEFACT where OAGi and its members participate in defining many of the Technology and Methodology specifications. OAGi also includes support for these Technology and Methodology specifications within OAGIS. There are two XML-based standards currently being developed. One
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#17327944549245580-408: The local economy within a year. The economy of Liverpool is diversified and encompasses tourism, culture , maritime , hospitality , healthcare , life sciences , advanced manufacturing, creative , and digital sectors. The city is home to the UK's second highest number of art galleries , national museums , listed buildings , and parks and open spaces , with only London having more. It
5670-558: The mid-late 18th century when the town became the most heavily involved European port in the Atlantic slave trade . King John 's letters patent of 1207 announced the foundation of the borough of Liverpool (then spelt as Liuerpul ). There is no evidence that the place had previously been a centre of any trade. The creation of the borough was probably due to King John deciding it would be a convenient place to embark men and supplies for his Irish campaigns , in particular John's Irish campaign of 1209 . The original street plan of Liverpool
5760-421: The most visited, tourist orientated, cities in the United Kingdom. City leaders are focussing on long-term strategies to grow the city's population and economy, while national government explores the continuous potential for devolution in the city. In 2002, Queen Elizabeth II and Prince Philip, Duke of Edinburgh visited Liverpool to mark the Golden Jubilee . On speaking to an audience at Liverpool Town Hall ,
5850-488: The multi-billion- pound Liverpool ONE development, regeneration continued throughout the 2010s. Some of the most significant redevelopment projects included new buildings in the Commercial District , King's Dock , Mann Island , around Lime Street , the Baltic Triangle , RopeWalks , and Edge Lane . Changes to Liverpool's governance took place in 2014. The local authority of Liverpool City Council decided to pool its power and resources with surrounding boroughs through
5940-408: The new powerhouse of raw cotton - the USA. As imports soared to the million-bale mark, Liverpool overtook London as the country’s leading cotton importer. Major improvement to transport and communication systems brought crucial developments. The railways reduced the time and cost of travel and improved reliability in transporting cotton to the Lancashire towns. The Liverpool Cotton Brokers’ Association
6030-401: The printed bill will contain the bank account number of the creditor and usually a reference code to be passed along with the transaction identifying the payer. The European Union requires a VAT (value-added tax) identification number for official VAT invoices, which all VAT-registered businesses are required to issue to their customers. In the UK, this number may be omitted on invoices if
6120-425: The purchase and sale of cotton between any two companies anywhere in the world. They are updated in line with current industry practice and are published in a variety of languages: the most recent edition was published in January 2023. The Bylaws are binding on members and are incorporated in all member cotton contracts, while the Rules may be changed by agreement between the buyer and the seller in any deal. If cotton
6210-444: The region's principal port on the Irish Sea . However, as the Dee began to silt up , maritime trade from Chester became increasingly difficult and shifted towards Liverpool on the neighbouring River Mersey . The first of the Liverpool docks was constructed in 1715, and the system of docks gradually grew into a large interconnected system. As trade from the West Indies , including sugar, surpassed that of Ireland and Europe, and as
6300-502: The seller had provided the buyer. Payment terms are usually stated on the invoice. These may specify that the buyer has a maximum number of days to pay and is sometimes offered a discount if paid before the due date. The buyer could have already paid for the products or services listed on the invoice. To avoid confusion and consequent unnecessary communications from buyer to seller, some sellers clearly state in large and capital letters on an invoice whether it has already been paid. From
6390-440: The subject of condemnation. Historian Raphael Samuel labelled Graeme Shankland "the butcher of Liverpool". A significant West Indian black community has existed in the city since the first two decades of the 20th century. Like most British cities and industrialised towns, Liverpool became home to a significant number of Commonwealth immigrants, beginning after World War I with colonial soldiers and sailors who had served in
6480-436: The subtotal to calculate the grand total amount due. The invoice often concludes with standardized elements or other information not included in the pre-body. This structured format serves various functions, including billing, accounting, auditing, and, in cases of disagreement, legal evidence for dispute resolution. Header Body Footer In countries where wire transfer is the preferred method of settling debts,
6570-563: The term "Invoice". This is usually followed by information needed to establish the context of the transactions such as the name, address, and contact information of the parties involved (e.g. buyer and seller) and important dates such as when payment must be received. The main body of the invoice provides an itemized list of goods or services rendered, specifying descriptions, unit prices, quantities, and total prices for each line item. Additional financial elements like taxes , shipping charges , and discounts are separately enumerated and added to
6660-454: The words "this is not a VAT invoice" are present on the invoice. Such an invoice is called a pro-forma invoice , and is not an adequate substitute for a full VAT invoice for VAT-registered customers. In Canada, the registration number for GST purposes must be furnished for all supplies over $ 30 made by a registered supplier in order to claim input tax credits. Recommendations about invoices used in international trade are also provided by
6750-702: The words of historian Sven Beckert , "the most pro-Confederate place in the world outside the Confederacy itself." Liverpool merchants helped to bring out cotton from ports blockaded by the Union Navy , built ships of war for the Confederacy , and supplied the South with military equipment and credit. During the war, the Confederate Navy ship, the CSS Alabama , was built at Birkenhead on
6840-419: The world's first tunnel under a tidal estuary and the world's first deep-level underground stations ( Liverpool James Street railway station ). In 1889, borough engineer John Alexander Brodie invented the football goal net. He was also a pioneer in the use of pre-fabricated housing and oversaw the construction of the UK's first ring road ( A5058 ) and intercity highway ( East Lancashire Road ), as well as
6930-444: The world. It has also produced many academics , actors , artists , comedians , filmmakers , poets , scientists , sportspeople , and writers . In sports, it is known as the home of Premier League football teams Everton FC and Liverpool FC . The world's oldest still-operating mainline train station, Liverpool Lime Street , is in the city centre; transport is also served by the underground Merseyrail network. The city's port
7020-484: Was awarded in 1902 to Ronald Ross , professor at the School of Tropical Medicine, the first school of its kind in the world. Orthopaedic surgery was pioneered in Liverpool by Hugh Owen Thomas , and modern medical anaesthetics by Thomas Cecil Gray . The world's first integrated sewer system was constructed in Liverpool by James Newlands , appointed in 1847 as the UK's first borough engineer. Liverpool also founded
7110-404: Was built before 1235, it survived until it was demolished in the 1720s. By the middle of the 16th century, the population was still around 600, although this was likely to have fallen from an earlier peak of 1000 people due to slow trade and the effects of the plague . In the 17th century, there was slow progress in trade and population growth. Battles for control of the town were waged during
7200-400: Was established in 1841 and it quickly established a successful system of arbitration. The Transatlantic telegraph cable reduced long distance communication from weeks to minutes. Liverpool broker John Rew recognised the far-reaching implications of this development and created the hedge fund system. This led to the hugely successful Liverpool Cotton Futures Market, which doubled the business of
7290-412: Was granted city status in 1880 and was moved from Lancashire to the newly created county of Merseyside in 1974 . Like many other British cities, it entered a period of decline in the mid-20th century; however, it has experienced significant and ongoing regeneration since the European Union selected it as the European Capital of Culture in 2008, which was reported to have generated over £800 million for
7380-623: Was killed in New York City in 1980. Liverpool Airport was renamed after him in 2002, the first British airport to be named in honour of an individual. Previously part of Lancashire, and a county borough from 1889, Liverpool became a metropolitan borough within the newly created metropolitan county of Merseyside , in 1974. From the mid-1970s onwards, Liverpool's docks and traditional manufacturing industries declined due to restructuring of shipping and heavy industry, causing massive losses of jobs. The advent of containerisation meant that
7470-727: Was mandated by law for all invoices in the public sector. Further implementations are underway in the Scandinavian countries as result of the North European Subset project. Implementations are also underway in Italy , Spain , and the Netherlands (UBL 2.0) and with the European Commission itself. The NES work has been transferred to European Committee for Standardization (CEN), the standards body of
7560-518: Was planned, fought and won from Liverpool. The Luftwaffe made 80 air raids on Merseyside , killing 2,500 people and causing damage to almost half the homes in the metropolitan area. Significant rebuilding followed the war, including massive housing estates and the Seaforth Dock , the largest dock project in Britain. Since 1952, Liverpool has been twinned with Cologne , Germany,
7650-602: Was reflected in its name change in 2004 to the International Cotton Association. Under the Bylaws applicable contractually to all member cotton transactions, special arrangements are made for dealing with circumstances where a contract "has not been, or will not be performed". Where this arises, the contract is not cancelled but it is " invoiced back in accordance with the Rules in place at the date of
7740-454: Was the first railway in the world to use electric multiple units , employ automatic signalling, and install an escalator. Liverpool inventor Frank Hornby was a visionary in toy development and manufacture, producing three of the most popular lines of toys in the 20th century: Meccano , Hornby Model Railways (both in 1901), and Dinky Toys in 1934. The British Interplanetary Society , founded in Liverpool in 1933 by Phillip Ellaby Cleator,
7830-485: Was the fourth largest in the UK in 2023, with numerous shipping and freight lines having headquarters and offices there. Residents of Liverpool are often called "Scousers" in reference to scouse , a local stew made popular by sailors in the city, while "Scouse" is also the most common name given to the distinctive local accent . The city's cultural and ethnic diversity has resulted from its history of attracting immigrants, especially from Ireland, Scandinavia, and Wales; it
7920-535: Was the largest store in the world at the time. Between 1862 and 1867, Liverpool held an annual Grand Olympic Festival . Devised by John Hulley and Charles Pierre Melly , these games were the first to be wholly amateur in nature and international in outlook. The programme of the first modern Olympiad in Athens in 1896 was almost identical to that of the Liverpool Olympics. In 1865, Hulley co-founded
8010-598: Was the single largest contributor to the British Exchequer . Liverpool was the only British city ever to have its own Whitehall office. During this century, at least 40% of the world's entire trade passed through Liverpool. In the early 19th century, Liverpool played a major role in the Antarctic sealing industry, in recognition of which Liverpool Beach in the South Shetland Islands
8100-522: Was to a pool or tidal creek now filled up into which two streams drained". The place appearing as Leyrpole , in a legal record of 1418, may also refer to Liverpool. Other origins of the name have been suggested, including "elverpool", a reference to the large number of eels in the Mersey . The adjective "Liverpudlian" was first recorded in 1833. Although the Old English origin of the name Liverpool
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