diff --git a/packages/common/README.md b/packages/common/README.md
index 026650825..c3e87bb81 100644
--- a/packages/common/README.md
+++ b/packages/common/README.md
@@ -447,6 +447,26 @@ const updateContractTransaction: AccountTransaction = {
 ```
 Finally, to actually update the contract on the chain, send the constructed `updateContractTransaction` to the chain using `sendAccountTransaction`. (See [Send Account Transaction](#Send-Account-Transaction) for how to do this)
 
+## Serialize parameters with only the specific type's schema
+In the previous section the schema used was assumed to be the schema for an entire module. In some cases one might want to use a schema containing only the specific type of the parameter.
+
+For this, the function `serializeTypeValue` can used.
+```
+const inputParams = serializeTypeValue(userInput, rawTypeSchema);
+```
+
+For reference, the type schema for parameters can be extracted using the functions `getInitContractParameterSchema` and `getUpdateContractParameterSchema`.
+
+```
+const rawTypeSchema = getUpdateContractParameterSchema(
+        rawModuleSchema,
+        contractName,
+        receiveFunctionName,
+        userInput,
+        schemaVersion
+)
+```
+
 # Utility functions
 
 ## Generate account alias
diff --git a/packages/common/src/serialization.ts b/packages/common/src/serialization.ts
index b1b8ef142..b8bb40d78 100644
--- a/packages/common/src/serialization.ts
+++ b/packages/common/src/serialization.ts
@@ -493,7 +493,8 @@ export function serializeUpdateContractParameters(
 }
 
 /**
- * @param value the value that should be serialized. Should correspond to the JSON representation.
+ * Given a value for a smart contract type, and the raw schema for that type, serialize the value into binary format.
+ * @param value the value that should be serialized. Should correspond to the JSON representation
  * @param rawSchema the schema for the type that the given value should be serialized as
  * @returns serialized buffer of the value
  */