Creating Buyer Created Tax Invoices in Xero

Creating Buyer Created Tax Invoices in Xero

A “Buyer Created Tax Invoice” (sometimes referred to in other countries as a “Recipient Created Tax Invoice” or “RCTI”) is an invoice for sales tax purposes that is created by the purchaser of the goods rather than the seller of the goods. This is common in many...

When an invoice is not a Tax Invoice

I find it frustrating when I buy something for business and get given a receipt or till docket and find that it is not a valid tax invoice.  It’s amazing how many businesses issue invoices that aren’t valid tax invoices for GST purposes.  So, having the personality...

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