GST, BAS and activity statements

eInvoicing

eInvoicing is a way of sending an invoice directly between a supplier's accounting software and a buyer's, in a structured digital format, instead of as a PDF or paper copy. In Australia it runs over the Peppol network, and software that supports it can send and receive invoices without re-keying them. Because the invoice data is already structured, the buyer's records can be matched to the supplier's with fewer errors. Using eInvoicing does not change what makes a valid tax invoice or the GST rules; a business still needs the tax invoice content to claim a GST credit. Both sides need software that supports it.

General information, not tax advice. The rules change, so check the source page above for the current position. Fedix is developed by Tax7 R&D Pty Ltd.