On your process or at least check the details. Situation when the receiver creates an invoice themselves. Yes, in general, the seller or the service providerĬreates the invoice and that is what we have been discussing so far. There is a scenario when the tax invoice is created not by youīut by the buyer too. Taxable sale contains a GST amount equal to 1/11 of the price, then add the GSTĮxclusive value upon each taxable sale and find the GST to finally round it to More than one, then apply two rules and follow this total invoice rule.Īmount with respect to every taxable sale must be added and rounded off to the Sale is present on the tax invoice, then the GST amount must be rounded to the Follow these simple tips to round off the Below this, shipping costs can be entered, and finally, there is space on the bottom row for you to enter the total amount due.In the event of the GST including any fraction of cents, then This currently states 20%, however this can easily be amended if necessary. Where applicable, complete the tax section below this. In the subtotal box, enter the total amount of goods and services listed above.

Entering totalsīelow the list of goods and services is a space for you to enter the total due. There is no need to delete rows that you are not using these can simply be left blank. As per the example on the template, list the name of the goods or service on the left, and the amount due on the right. Entering goods and servicesīelow the address section is space to enter up to 15 items. As the billing and delivery addresses can sometimes be different, there is a section on the left for entering the billing details, and a separate section on the right for entering the shipping address. Simply type the name and address of the company you are invoicing on the template, as indicated. The billing and shipping information is entered in much the same way as your own company name and address. It is important to fill this information in, as should there be any issues with either the payment or the goods/service at a later date, both you and your client will be able to quickly trace down the relevant invoice. To the right of this is space to enter the invoice number, invoice date, and date the payment is due. If not all of the information is relevant, for example, you don't have a fax number, simply remove this line from the template. If you save the template once you have filled out this information, you will not need to enter it in on each and every invoice you produce.

To save yourself time and duplication at a later date, complete the company name and address section in the top left, by simply typing over the template information in brackets, and do the same with the payment information at the bottom of the page. Information such as the name and address of your company, and how to make payment are likely to be the same on all of your invoices.

Tax invoice template word doc