RCTI - Recipient Created Tax Invoice
- Leigh Denmeade
- Martin Frinking
Owned by Leigh Denmeade
Last updated: Jul 19, 2022 by Martin Frinking
A Recipient Created Tax Invoice (RCTI) is when the recipient of goods and services creates the tax invoice on behalf of the supplier or customer.
Wastedge supports the creation of RCTIs for the payment of commodities. In Wastedge these are represented by Waste Types and tip records against bookings.
Wastedge will use the standard Multi-Branch Ledger Account (MBLA) combinations to support the financial reporting and posting into a financial system.
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