Exercise 16: Create a Tax Invoice

Exercise Overview

This accounting exercise builds understanding of how to prepare a Tax Invoice for a sale in Word and Excel format. A sample tax invoice form is included.

Exercise Instructions

You have received a Purchase Order from Birkdale Sports Club (see below).

Birkdale Sports Club

Purchase Order

No: 736

14/04/2010

Qty
Description
Price ea.
Amount
10
Coaching Manuals
15.00
150.00
20
Coaching Jackets
50.00
1000.00

It is now your task to prepare a Tax Invoice for this sale of coaching manuals and jackets.

Download the document Instructions and Sample Tax Invoice.

This document provides you with a template invoice in Microsoft Word format. You can create an invoice in Word format or better still follow the instructions to create an invoice in Microsoft Excel using the same template. It is easy - just a matter of copy and paste!

Additional Instructions

  1. When you create the Tax Invoice use the date 14 April 2010.
  2. Use XY987 as the invoice number (your invoice number).
  3. You should add 10% Goods and Services Tax (GST).
  4. You should also charge $10.00 for freight costs ("freight" is the cost of transporting goods to the customer). The freight company is "StarTrack".

Exercise Resources

You will need to download the following documents and forms:

Instructions and Sample Tax Invoice
  Sample Tax Invoice on its own

Answer to this Exercise

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