When a scrap dealer buys from a GST-registered supplier, the dealer raises the tax invoice — not the supplier. On paper that means a signed agreement in a filing cabinet, a form per purchase, and an ABN you hope is still current. AltScrap makes the whole thing part of the supplier signing up, and part of the purchase.
The supplier types their details once, you approve once, and every purchase after that makes its own invoice — nobody opens a template again.
They put in their business name, ABN, GST status, contact details and bank or PayID details through a link on your own website — not by emailing a photo of a form.
Sign-ups land in an approval queue. Bank details have to be checked and confirmed before they can be paid to — nothing is quietly saved.
Buy from an approved, GST-registered supplier and the RCTI is made straight from the sale — and goes into MYOB or Xero as a bill.
Both are ordinary paperwork slip-ups rather than dramatic ones — and both are expensive when the ATO comes asking.
An RCTI arrangement needs a written agreement with the supplier. Done online when the supplier signs up, it stays attached to their record — not in a filing cabinet at one site.
ABN and GST status are kept against the supplier rather than assumed from the last purchase, so what you apply is what you have on file.
A recipient-created tax invoice is a tax invoice raised by the buyer instead of the seller. It’s common in scrap metal because the dealer works out the weight, grade and therefore the value at the point of purchase. The ATO requires a written agreement between the parties and that the buyer meets the relevant conditions.
For approved suppliers whose ABN and GST status support it, the purchase makes the RCTI from the sale itself. Walk-in customers who aren’t GST-registered suppliers are handled as ordinary purchases with a receipt.
It’s done online as part of the supplier signing up, and stays attached to their record — alongside their ABN, GST status and checked payment details.
No. AltScrap makes records and documents from what you and your suppliers enter. Whether you’re entitled to issue RCTIs, and how GST applies to a given purchase, is a matter for you and your accountant.
The back office behind the yard: company and per-store pricing, pricing tiers, staff and store administration, payout runs, eight built-in reports with CSV export, and MYOB or Xero sync.
Read onKeep the dealer record without the paperwork: photo ID taken at the counter, a seller history behind every purchase, and Compliance Register, ID Verification and Payment Compliance reports on demand.
Read onRun scrap yard operations on one system: counter purchases, weights and grades, supplier approvals, pricing by store and tier, payouts, and the records behind every transaction.
Read onWe will run a real sign-up — ABN, GST status, bank details checked, approved — and then buy from that supplier so you can see the document that comes out.
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