Page 1624 - Week 04 - Thursday, 25 March 2010
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How many invoices were received by each department or agency in the Minister’s portfolio in (a) July, (b) August, (c) September, (d) October, (e) November and (f) December 2009, what was the average value of these invoices and how many of these invoices were fully paid by their due date.
Mr Barr: The answer to the member’s question is as follows:
|
Reporting entity |
Number of invoices paid July to December 2009 |
% of invoices Paid |
Average value of invoices paid | |||
|
On Time |
Overdue |
Total |
On Time |
Overdue | ||
|
Canberra Institute of Technology |
9,917 |
1,649 |
11,566 |
86% |
14% |
$3,064.79 |
Notes:
1. The information has been extracted by Shared Services based on 35 days from the invoice date. Due to how the ‘due date’ field is used in the system, this methodology provides the most accurate payment data possible.
The parameter of 35 days has been used instead of 30 days to allow for the normal time lag that occurs before CIT receives invoices from suppliers.
2. Invoices can remain unpaid past the due date for a variety of valid reasons:
- further documentation on the invoice is required or the invoice is being disputed with the vendor;
- the invoice received is not a valid tax invoice;
- the invoice details are incorrect resulting in the invoice not being received by the correct agency or area within the agency;
- this invoice is issued by the vendor well after the date specified on the invoice.
Government—payment of invoices
(Question No 598 and 604)
Mr Seselja asked Minister for Transport, upon notice, on 11 February 2010 (redirected to the Minister for Territory and Municipal Services):
How many invoices were received by each department or agency in the Minister’s portfolio in (a) July, (b) August, (c) September, (d) October, (e) November and (f) December 2009, what was the average value of these invoices and how many of these invoices were fully paid by their due date.
Mr Stanhope: The answer to the member’s question is as follows:
The Department of Territory and Municipal Services received 53,274 invoices between July 2009 and December 2009 inclusive. The average invoice value was $9,760. Of these invoices, 42,408 were paid within normal government trading terms.
Factors which can impact on the timeliness of invoice payments include:
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