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Payment Process

The W&RSETA is committed to ensuring that our payment processes are expedited in the most efficient and effective manner. The preferred method of payment opt by the W&RSETA is the Electronic Funds Transfer (EFT). In order to assist us is this process the following would be required:

  • Invoice to be addressed to: W&RSETA and not to an individual
  • W&RSETA purchase order number must be reflected or reference to a contract name quoted on the invoice
  • Submission requirements for the following type of services:
    • Delivery of goods - proof of delivery to be attached
    • Delivery of services - proof of sign-off by respective manager accepting receipt of service/s completed or conducted as per quality indicator/s agreed upon
    • Contract related services - proof of sign-off by respective manager accepting receipt of services completed or conducted as per quality indicators agreed upon
  • Confirmation of bank details
    • Cancel cheque – copy or
    • Letter - confirmation letter from bank
The requirements of a tax invoice are:

  • the words 'tax invoice';
  • the name, address (physical and postal) of the supplier;
  • the registered VAT number of the supplier;
  • the name and address and VAT registration number of the buyer;
  • a serial number of the invoice;
  • the date of the invoice;
  • a description and quantity of the goods purchased;
  • the amount charged for the goods/services supplied;
  • the amount of VAT and the VAT rate. It is not sufficient to merely state VAT included' on the invoice. The rate of either 14% or 0% must also be stated.
     
 
 
     
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Head Office
  Riverside Office Park | Hennops House | 1303 Heuwel Avenue
Cnr. Lenchen South and Heuwel Avenue | Centurion, PRETORIA
South Africa,0167  
  Private Bag X106 | Centurion | 0046
012 622 9500
 
REPORT FRAUD ACTIVITIES: 0800 006 794
     
 

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