Sales invoicing

For the supply of most products, services and payments in advance, a VAT invoice is required.

Required invoice data includes this information:

  • Date and number
  • Name
  • Address and official registration number of both the vendor and customer
  • Supply date of goods and services
  • Product description and quantity
  • Goods and services taxable value
  • Rate and tax value

Invoices must include a pre-printed number to account for all transactions.

The word copy must be included on invoices that are copies.

New Zealand specifics

A tax invoice must be issued by a GST registered seller for all taxable supplies made to a GST registered buyer requesting for such document within twenty eight (28) days.

A tax invoice is required for supplies worth greater than NZD50 (including GST) to make a claim for income tax purposes. A tax Invoice is not required for supplies worth NZD50 or less (including GST) but, minimum details are needed to support a claim for deduction of input tax.

How Infor meets this requirement

For Billing invoice document setup, see the Financials Setup and Administration Guide.

For tax invoices, see the Billing User Guide.