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3.3 Recipient Created Tax Invoice and Remittance Advice
Where an organisation is registered for GST, and the organisation has agreed, GST is added to payments and a detailed Recipient Created Tax Invoice (RCTI) is issued to the organisation, according to Australian Taxation Office (ATO) requirements. (For more information about GST, see section 4.8.)
All organisations, regardless of whether they are registered for GST, will receive a detailed remittance advice, which includes:
- total current payment
- GST payable
- total paid year-to-date (YTD)
- GST paid YTD
- outstanding amount.
This information enables organisations to better manage payments received from the department and reconcile and track payments more efficiently. Organisations can access their remittance advice on the Funded Agency Channel at https://fac.dhs.vic.gov.au