What is a GST Estimate?
Print
Created by: Customer Support @Chloe
Modified on: Mon, 30 Jul, 2018 at 8:21 AM
Estimates is created instead of an invoice when payment has not been received from the customer AND goods or services have not been supplied. The moment an Invoice is created, the liability to pay GST arises on the business, irrespective of the status of payment by the customer. Hence, estimates are to be provided as a pre-cursor to GST invoice, before payment or start of supply of goods or service.
Customer is the author of this solution article.
Did you find it helpful?
Yes
No
Send feedback Sorry we couldn't be helpful. Help us improve this article with your feedback.