Debit Note/Credit Note
Supply Correction Information (SCI)
Must reference the original invoice it relates to
Rules for tax invoices changed on 1st April 2023
Usually a big task making changes to complicated invoicing processes … well, not for Esker.
Read on to learn about the key changes.
Terminology
The new legislation provides guidance for new terminology to be used on invoices and credits notes as outlined below:
Old Term
New Term
Mandatory New Data
Tax Invoice
Taxable Supply Information (TSI)
What's next?
We are working with our AP Automation customers to ensure the new rules work seamlessly. Feel free to get in touch with your local consultant if you have any questions about the impact these rules may have on your AP Process.
You can read all about some other FY changes over at IRD.
Struggling with manual invoicing? Click below and find out how much an automated invoice process could save your business.
$ 196,832 48,921 274,354 191,462 72,864 367,908 202,341 113,064 107,007 131,746 324,853
