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Post Info TOPIC: help with the understanding of an invoice


Member

Status: Offline
Posts: 6
Date:
help with the understanding of an invoice


Hello all,


I have a problem regarding invoicing. My accounttant seems to be gone on holiday and I am alone,,,please help.
As explained in another forum thread, I will sell music from unsigned and signed bands, this also means that some of them will be business registered and some others won't.
I will have a self invoicing system in place, as soon I as sell a song , a self invoice is generated for me in order to pay the royalties back to the band, but the problem is:

Can I use the same type of invoice for both business and none business registered bands?I am going to design an invoice below, could you please tell me is this model is correct|?

Many thanks

Supplier:
business name:
Name:
Surname:
Registered address(country,postcode...):
telephone
fax                            

Goods supplied To:
My business name
My business registered address
my business V.A.T number
my business reg number
mu business country
my business fax



-------------------------------items ordered------------------


product type                                price                  quantity               subtotal

3 songs                                      £1                       3                            £3

----------------------------
V.A.T           £0.39      -
Order Total:   £3        -
----------------------------


The VAT shown(if any) is your output tax due to revenue and customs












I need the same template for outside EC,EC and UK customers V.A.T or not V.A.T registered, would this type of invoice works?


Are invoices only done from business to business to from non business to business aswell?


Many Thanks for your help


BamBam


ps:at the moment the software create sefl invoices from anyone even non registered businesses, I hope this is right!





-- Edited by bambinou on Wednesday 19th of August 2009 03:31:38 PM

-- Edited by bambinou on Wednesday 19th of August 2009 11:30:20 PM

-- Edited by bambinou on Wednesday 19th of August 2009 11:30:55 PM

-- Edited by bambinou on Wednesday 19th of August 2009 11:37:05 PM

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Veteran Member

Status: Offline
Posts: 80
Date:

Yes your invoice template would be suitable for both registered and unregistered businesses. The important issue is that you quote your own VAT number, which you have, so this is fine to use for both UK and EU customers.

__________________


Member

Status: Offline
Posts: 7
Date:

Hi, your template is fine, however I would show the net value before VAT, the VAT rate and the total amount of VAT.

FYI the link below to the HMRC website will tell you what information you need to include on a VAT invoice.

http://www.hmrc.gov.uk/vat/managing/charging/vat-invoices.htm#2

-- Edited by Damo8604 on Friday 28th of August 2009 02:40:20 PM

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