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15 Apr 2015

Creating Buyer Created Tax Invoices in Xero

FuelApril 15, 2015No commentsXero Record Keeping, Tax Invoice, 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 industries especially where the purchaser has to assess the quality, quantity or...

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