🇦🇺Australia

Lost GST Input Tax Credits on Corporate AR

1 verified sources

Definition

Corporate account billing errors prevent proper GST breakdown on invoices, causing business guests to reject payments or delay settlement as they cannot claim credits.

Key Findings

  • Financial Impact: 10% of invoice value (GST component) in delayed payments; e.g., A$200 room = A$18.18 unclaimed GST per disputed invoice
  • Frequency: Per corporate booking over A$82.50
  • Root Cause: Lack of automated GST calculation and ABN validation in AR workflows

Why This Matters

The Pitch: Hotels in Australia 🇦🇺 lose 10% of corporate AR value (AUD 10k+ annually for mid-size properties) due to non-compliant billing. Automation ensures ITC-eligible invoices, accelerating cash collection.

Affected Stakeholders

Revenue Manager, Corporate Sales, Accounts Receivable

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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