Recipient created tax invoices

Smile uses recipient created tax invoices (RCTIs) to track the commission due to each commission earner. An RCTI is an invoice to your company from a commission earner requesting payment. To simplify your accounting, Smile generates RCTIs on behalf of commission earners during the billing run.

Smile treats commission earners as a special type of subscription. Each commission earner must be assigned to a commission account. You can add multiple commission earners to the same commission account.

Smile creates RCTIs during the billing run. Because Smile only raises invoices against accounts, each RCTI includes the commission due to each commission earner on an account.

An RCTI may need to contain specific information to be valid for taxation purposes. When you create RCTI stationery, ensure the stationery includes all necessary information to comply with your country's taxation requirements.