More than 1.2 billion invoices are generated and exchanged in Australia every year, according to federal Treasury estimates.
That averages out to about 3.3 million invoices being exchanged every day of the year, covering payments due for goods and services.
If that sounds like a mountain of paperwork, it is. This is because a high percentage of invoices in Australia are still being prepared manually – that is, on paper or PDF – and then printed and posted or emailed for payment.
Source intheblack.cpaaustralia
Latest Posts in "Australia"
- Australia Unveils Tougher Penalties for Tax Adviser Misconduct, Holding Partners Accountable
- Government Announces Additional Fuel Excise Cut and GST Windfall Return for Motorists and Businesses
- ATO Urges Businesses to Review GST Turnover, Update Reporting Methods Before July 2026
- EU-Australia Free Trade Deal Boosts Exports, Faces Criticism Over Agricultural Quotas and Protections
- EU and Australia strengthen relations with Trade Agreement
