Invoicing
Requirement
In Zimbabwe, invoices must show this information:
- ‘Tax Invoice’ or ‘Fiscal Tax Invoice’, in a prominent place
- The name, address, and VAT registration number of the supplier
- The name and address of the recipient and, if the recipient is a registered operator, the VAT registration number of the recipient
- The serialized number and the issuance date of the invoice
- A description of the supplied goods or services
- The quantity or volume of the supplied goods or services
- The value of the supply, the charged price, or the consideration of the supply
- For a fiscal tax invoice, the other words or phrases that are employed under the fiscal recording regulations denoting an invoice used to account for taxable supplies
M3 solution
Invoicing is probably the function in M3 that is most affected by localization rules. The requirements for this country are supported by various invoicing features in M3.
Configuration guidelines
| Program ID | Program name | Description or comment |
|---|---|---|
| MFS165 | Internal Invoice Series. Open | |
| MFS167 | Settings - Invoice Numbering Rule | |
| CRS405 | FAM Function. Open | |
| ARS120 | Customer Invoice. Enter Manual | FAM Function AR20 |
| ARS160 | Interest Invoice. Open | FAM Function AR50 |
| ARS380 | Customer Invoice. Create fr Payment Plan | FAM Function AR95 |
| COS180 | Maint Invoice. Print | FAM Function CO20 |
| FAS130 | Fixed Asset. Sell | FAM Function FA50 |
| MFS100 | Internal Invoice. Create | FAM Function MF01 |
| OIS180 | CO Invoice. Print | FAM Function OI20 |
| POS180 | Project Invoice. Print | FAM Function PO20 |
| SOS180 | SO Invoice. Print | FAM Function SO20 |