Invoices – What You Need to Include
As bookkeepers, we see a lot of invoices and sometimes they do not have the correct information or can be confusing. I recently came across an invoice that had a due date which was seven days after the invoice date and then further down the invoice it had “Payment Terms Strictly 21 Days”. So which is it 7 or 21 days? If you want to be paid on time you need to be very clear on your payment terms. Are you looking for a bookkeeper in Bunbury that can take the stress and worry out of managing your own accounts? Then look no further than Account On Me Bookkeeping Service. Call us today! Here is what the Australian Taxation Office (ATO) advises your invoices should contain: · Your business name · Your Australian Business Number (ABN) · The words “Tax Invoice” if you are registered for GST, otherwise “In...