Cash Purchase Invoice Template for Nigeria

A Cash Purchase Invoice is essential for businesses operating in Nigeria when immediate cash payment is received for goods or services. This document type is specifically designed to comply with Nigerian commercial and tax laws, including the Value Added Tax Act and Companies and Allied Matters Act 2020. It differs from standard invoices by explicitly documenting the receipt of cash payment at the time of transaction, making it both an invoice and a receipt. The document should be used whenever a business receives immediate cash payment and needs to provide official documentation of the transaction. It must include all elements required by Nigerian law, such as tax identification numbers, VAT calculations, and proper business registration details. This document type is particularly important for audit trails, tax compliance, and business record-keeping in the Nigerian business environment.

1. Invoice Header: Company details including registered name, address, registration number, TIN, contact information, and invoice number

2. Customer Information: Full details of the customer including name, address, and TIN (if applicable)

3. Invoice Details: Invoice date, due date (if applicable), payment terms stating 'Cash Payment', and reference numbers

4. Item Description: Detailed list of goods/services with clear descriptions, quantities, unit prices, and total amounts

5. Calculation Summary: Subtotal, VAT calculations (7.5% as per Nigerian law), and total amount payable

6. Payment Information: Confirmation of cash payment received, including payment date and receipt number

7. Legal Statement: Standard invoice declarations and compliance statements as required by Nigerian law

8. Authorization: Signature section for authorized representative and company stamp