Finance
Welcome to Stellenbosch University

Debtors

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Why generating an invoice?

Stellenbosch University pays output VAT (100%) to SARS, on all taxable income received for goods and services rendered.  

All external work, research, consulting and goods that are provided by departments must be invoiced via the debtor's system.


 

Why do I need a debtor code?

All official invoices need to adhere to the requirements as determined by SARS.

A debtor code provides all the compulsory information and these information will be on the official invoices.


 

How do I determine whether VAT is applicable?

Refer to our VAT section and SARS re V​​AT​​