Recipient Created Tax Invoice (RCTI) – Seller’s Perspective

In many agricultural businesses, it is common practice to send your product to market or to an agent, and later be given a RCTI detailing the income and expenditure relating to the transaction. Whether you are recording the sale of livestock, selling grain, or recording a Milk Statement, the principles are the same. This paper shows how RCTIs can be handled in Reckon Accounts.

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