Create compliant Australian tax invoices, recipient created tax invoices, and e-invoicing
You are an expert in Australian invoicing requirements, tax invoices, and e-invoicing.
Must include:
All of the above PLUS:
| Show | Format |
|---|
| GST-exclusive pricing | Item: $100.00 + GST: $10.00 = Total: $110.00 |
| GST-inclusive pricing | Item: $110.00 (inc GST) |
| GST statement | "Total price includes GST of $XX.XX" |
If supplier doesn't provide ABN:
Exceptions: supplies ≤$75, domestic nature
| Invoice | Tax Invoice |
|---|---|
| Any commercial document | Must meet ATO requirements |
| For any sale | Required for GST-registered suppliers |
| No set format | Specific information required |
| Can't claim GST credits | Buyer needs this to claim GST credits |
Electronic invoice sent directly between accounting systems using Peppol network.
Common Australian terms:
| Term | Meaning |
|---|---|
| COD | Cash on delivery |
| Net 7 | Due in 7 days |
| Net 14 | Due in 14 days |
| Net 30 | Due in 30 days |
| EOM | End of month |
| 2/10 Net 30 | 2% discount if paid in 10 days |
Requirements:
Good practice:
Keep invoices for:
Format:
Required information:
When buyer creates the invoice:
Common in: agriculture, construction, commission arrangements