Invoice Generator Australia

A standard invoice is sent when the business is not registered for GST. A Tax invoice is sent when the business is GST-registered.

In Australia, every document is made to serve as a valid tax invoice. It is compulsory to include the Australian Business Number of sellers. The tax invoice should be provided to the customer within 28 days (if he asks). However, the sale must be $82.50.

30 days are the standard payment terms in Australia that may vary from business to business.

The tax invoices for taxable sales of less than $1,000 then must include seller identification, ABN of the seller, invoice issuing date, and a brief description of the product and service. The GST amount is also compulsory to include.

There are some special cases when buyers create their own invoices for the purchase. There are some business functions that are eligible for RCTI. In case your buyer issues an RCTI, there is no need to issue any additional invoices.

There is no paper mode requirement to issue a tax invoice. Sending an invoice through email or using e-Invoicing are the best alternatives for this purpose.

Some special rounding rules apply when there is a fraction of a cent in the GST amount.

One needs to make the GST amount round to the nearest cent when there is a single taxable sale on a tax invoice. There are two rules applicable in this case. The first is the total invoice rule and the second one is the taxable supply rule, where there is more than one taxable sale on a tax invoice.

The identity of GST group members must be clearly mentioned on the tax invoice, in case they are making a taxable sale. Additionally, you must include details like GST group, receipt, representative member, or any GST group member.