Recipient Created Tax Invoices – Purchaser Perspective

In some businesses, it is practice for the purchaser of goods and services to provide the Tax Invoice rather than the usual case of the supplier of the goods doing this (RCTIs).   Some examples of this are: Purchasers of Rural Produce such as a stock agent; Providers of Grants; Second-Hand shops and Scrap Metal Dealers.  This paper shows how RCTIs can be handled in QuickBooks.
The modified statement of supplier image used in the template on page 5 can be downloaded here

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