A new way to invoice in the new year

e-Invoicing is the new fast and easy way to automatically send and receive invoices in your software. It doesn’t rely on email and attachments, such as PDF files.

Benefits of e-Invoicing include:

• saving time and money by reducing manual data entry, as invoices appear in your software, ready to be paid
• not having to fix errors, or chase missing information or lost invoices
• getting paid faster, improving your cash flow
• reducing the risk of scams and fraud
• supporting the environment by reducing printed records.

Talk to your preferred software provider or trusted adviser about how to get started. There are a number of ‘e-Invoicing-ready’ products available, including free or low-cost solutions.

You can only send e-Invoices to businesses that are registered on the e=Invoicing network. Let your trading partners know you’re registered and encourage them to get started, so you can all reap the benefits.

e-Invoices are transmitted securely by approved ATO service providers. Although we administer the network, we can’t access or view your invoices.

Remember, registered tax agents and BAS agents can help you with your tax.

Source: ATO