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
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.
FAQ
The most common questions we get about Line Item.