AUTransport Billing & Invoicing Recipient
Recipient Created Tax Invoices (RCTIs) or Reverse Billing
Generate tax invoices while maintaining oversight. Experience faster payments and reduced administrative workload without compromising accuracy.
Trusted choice by nearly 100,000 businesses
Transvirtual provides all the tools you need for easy invoicing
Before
Transvirtual
vs.
- Managing supplier invoices leads to delays and errors
- Discrepancies and mistakes
- Invoicing is restricted to direct transactions only
- Difficulty in tracking transactions and verifying details
After
Transvirtual
- Effortlessly create RCTIs or Reverse Billing, streamlining invoicing
- Automation reduces error
- Generate RCTIs for agents, carriers, or subcontractors.
- Generate comparison invoices in real-time for better accuracy.
Reduce the time spent managing supplier invoices.
Recipient Created Tax Invoices (RCTIs) or Reverse Billing
Sometimes it makes sense for you to create an invoice on behalf of a supplier. Save time reconciling and reduce risk of error.
Generate invoices for others in your network
You can generate automated RCTIs for your agents, on-forwarders, carriers or subcontractors. It’s faster invoicing, with more control. Set it up and you’re good to go.
Enhance Your Customer Service Experience
Elevate your customer service by generating a comparison invoice in real time, allowing you to track and verify your transactions as they happen.
Join over 10,000+ ecstatic transport and logistics companies
Our transport solutions have over 500 configurable features designed to solve your most complex challenges
Our entire business has been positively impacted by the TransVirtual technology solution, it has allowed the business to scale without creating or increasing inefficient manual
processes.
Built for scale
Anthony Tanner
CEO, VT Freight Express
TransVirtual has reduced customer enquiries by 50% and given our customers full visibility throughout the delivery process. We have also been able to review set routes and find major
cost savings.
50% reduction in customer queries
Luke O’Shannassy
General Manager, Caledonian Transport
Automation prevented revenue leakage within the business, so a massive benefit for us from a profit perspective, that automation also allowed us to significantly reduce our staff headcount.
40% increase in revenue
Richard Tesoriero
CEO, Hunter Express
Our entire business has been positively impacted by the TransVirtual technology solution, it has allowed the business to scale without creating or increasing inefficient manual
processes.
Built for scale
Anthony Tanner
CEO, VT Freight Express
Automation prevented revenue leakage within the business, so a massive benefit for us from a profit perspective, that automation also allowed us to significantly reduce our staff headcount.
40% increase in revenue
Richard Tesoriero
CEO, Hunter Express
TransVirtual has reduced customer enquiries by 50% and given our customers full visibility throughout the delivery process. We have also been able to review set routes and find major
cost savings.
50% decrease in customer queries
Luke O’Shannassy
General Manager, Caledonian Transport
Frequently asked questions
An RCTI is a tax invoice created by the recipient of goods or services (rather than the supplier), commonly used in the transport industry where subcontractors perform deliveries. They’re necessary for simplifying the payment process, documentation, and maintaining tax compliance when working with multiple subcontractors.
When a subcontractor completes a delivery, instead of them creating an invoice, the principal company (recipient) generates the tax invoice on their behalf.
Our system automatically calculates the appropriate rates, GST, and any additional charges based on pre-agreed terms. This eliminates invoice discrepancies, reduces the administrative burden for subcontractors, and speeds up the payment process.
Both parties must have a valid written agreement in place before implementing RCTIs. This agreement needs to specify the terms of the arrangement, including agreed rates, payment terms, and GST requirements. Our system helps manage these agreements and ensures all RCTI documentation meets ATO requirements and industry standards.
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