How to Create and Send Recipient-Created Tax Invoice (RCTI)

How to Create and Send Recipient-Created Tax Invoice (RCTI)

Idea
Overview
A Recipient-Created Tax Invoice (RCTI) is a tax invoice that documents a taxable supply and includes the necessary details for GST reporting and record-keeping.

In this tutorial, we will guide you through the process of creating and sending an RCTI in the SMS.

WarningIMPORTANT: This exclusive feature is only available for Maximise Package subscribers. Unlock the full potential of your SMS with the Maximise Package. To upgrade your plan and access this feature, please contact support via email.

Notes
Step Tutorial
How to Create Recipient-Created Tax Invoice (RCTI) Report?
Warning
IMPORTANT: Before proceeding with the steps below, make sure that the RCTI toggle is enabled under the Company > Agent Commissions setting.


  1. Go to Finance
  2. Click Commissions Tab
  3. Click Commissions on Invoices Subtab
  4. Select Agent
  5. Select Commission/s by ticking the checkbox
  6. Upon ticking, a new button will appear. Click the Create RCTI button.

    For steps 1 to 6, refer to the image below:


  7. Click Proceed


  8. In the RCTI tab, the created RCTI Report will be added. This tab will show all RCTI related information.
How to Setup Email Templates for RCTI Report Email?
  1. Click on Administration, then Templates.
  2. Go to the Email Templates tab.
  3. Click Add.
  4. Enter your Email Template Name.
  5. Enter your Email Subject.
  6. Click on the dropdown list and select RCTI as the Email Type.
  7. Use the text editor to draft your Email Body.
    NOTE: You may also use dynamic field related to your email. These dynamic fields are in {} e.g. {Commission Amount}, {RCTI Id}, etc.

    For steps 1 to 7, refer to the image below:
How to Send RCTI?
InfoNOTE: RCTI Emails can only be sent from the RCTI subtab under the Finance page > Commissions tab. The recipient will be the Agent Companies’ Billing Email. 

1. On the Finance page, go to Commissions tab then RCTI subtab:

2. In the RCTI table, click on Action button then select Email.

This will open the Send RCTI Email pop-up window. Fill in the necessary fields, and once done, click Send Email.

If you have set up an email template for the RCTI Report, you can use it by clicking Custom Templates and selecting the corresponding template.



And that’s how to create and send Recipient-Created Tax Invoice (RCTI) in the SMS!

Congratulations on completing this tutorial. We hope this has been helpful to you and your organisation. For any questions or concerns regarding this function, please reach out to the contact support via email.

FAQ
How to export RCTI to Xero?
If your SMS is Xero Integrated, RCTI Reports can be exported to Xero as Purchase Orders. A service will also run every 2 hours daily to export the RCTI Reports. 

Sample Purchase Order in Xero


 

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