Procurement and RFQs
Line Item
An individual priced good, service, fee or expense appearing within a quotation, purchase order, DA or invoice. In maritime procurement, the concept helps buyers and providers define, price, compare and authorize operational requirements.
What a line item is
A line item is the smallest priced unit in a commercial document.
It is what actually gets compared, approved and disputed. Totals are only their sum.
The same line carries forward between documents, from the quotation into the account and on to the invoice.
Detail at line level is what makes a total explainable.
Line Item is a term used in maritime business and operations.
An individual priced good, service, fee or expense appearing within a quotation, purchase order, DA or invoice.
In maritime procurement, the concept helps buyers and providers define, price, compare and authorize operational requirements. The exact meaning may vary with the contract, jurisdiction, port practice or workflow in which it is used.
What a line item carries
Field
Description
What it records
What the line is for: the service, good, fee or expense.
Field
Quantity and unit
What it records
How much, and on what basis it is measured.
Field
Unit price and total
What it records
The rate, and the resulting amount for that line.
Field
Currency
What it records
The currency the line is priced in, which fixes how it converts later.
Field
Tax and charges
What it records
Whether tax or third-party charges apply to this line specifically.
Field
Turnaround time
What it records
How long the line takes to deliver, which can differ from other lines on the same document.
Line items in PortzApp
One line, carried across documents
In PortzApp accepting a quote carries every quoted line into the job’s disbursement account, and every document issued afterwards is built from those same lines rather than re-entered.
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