Does any add-on cater for Australian GST (10%) in the following scenarios?
I am mainly concerned about the customer invoice, I can generate the invoice to the vendor easy enough.
Marketplace operator registered for GST (always true)
Scenario 1
Vendor IS registered for GST
Some products include GST some don’t (the invoice must include the words Tax Invoice)
Scenario 2
Vendor is NOT registered for GST (and so none of the products include GST, and the invoice can not include the words Tax Invoice)
Scenario 1 requires
Monthly fee
- invoice from marketplace to vendor includes GST
- the invoice must include the words “Tax Invoice”
Transaction invoice
- commision includes GST marketplace invoice to vendor includes GST
- the amount of GST
- the invoice must include the words “Tax Invoice”
e.g.
- marketplace commission 5%
- customer purchases
1 item @ $110 includes GST
1 item @ $50 GST free
invoice from marketplace(vendor) to customer $160 with seperate line stating includes $10 GST
invoice from marketplace to vendor $8 includes GST of $0.73
Scenario 2 requires
Monthly fee
- invoice from marketplace invoice to vendor includes GST
- the invoice must include the words “Tax Invoice”
Transaction invoice
- commision includes GST
- marketplace invoice to vendor includes GST with the words “Tax Invoice”
- the invoice to the customer must NOT include the words “Tax Invoice”
e.g.
- marketplace commission 5%
- customer purchases
1 item @ $110
1 item @ $50
invoice from marketplace(vendor) to customer $160 (note no line saying GST included)
invoice from marketplace to vendor $8 includes GST of $0.73