Create Bookkeeper Invoice in JMD →

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Jamaica Tax Information

15% GCT

GCT (General Consumption Tax) is 15%. Registration required above JMD 10 million turnover. TRN required.

Bookkeeper Services to Invoice

  • Monthly bookkeeping
  • Bank reconciliation
  • Accounts payable
  • Accounts receivable
  • Payroll support
  • Financial reports
  • Catch-up bookkeeping

Invoice Requirements in Jamaica

TRN number
GCT registration
Client TRN
Invoice number
GCT (15%)
Total in JMD

Payment Terms

Monthly retainer paid in advance. Catch-up projects 50% deposit.

CashNet 14Net 30COD

Payment Methods in Jamaica

Bank TransferNCBScotiabankCredit CardCash

Bookkeeper Invoice Tips

  • Specify period covered
  • Include transaction count
  • Note software used
  • Reference deliverables
  • Document hours if applicable

Frequently Asked Questions

What tax rate applies to bookkeeper invoices in Jamaica?

Jamaica has 15% GCT. GCT (General Consumption Tax) is 15%. Registration required above JMD 10 million turnover. TRN required.

What payment methods are common for bookkeepers in Jamaica?

Common payment methods in Jamaica include: Bank Transfer, NCB, Scotiabank, Credit Card, Cash. Monthly retainer paid in advance. Catch-up projects 50% deposit.

What should bookkeeper invoices include in Jamaica?

Your invoice should include: TRN number, GCT registration, Client TRN, Invoice number. For bookkeeper services specifically, also include: Monthly bookkeeping, Bank reconciliation, Accounts payable.

How to price bookkeeping?

Monthly flat fee based on transaction volume. $300-2000/month typical for small business.

Charge for catch-up work?

Hourly or per-month-behind rate. Catch-up is intensive work, price accordingly.

What is Jamaica's GCT rate?

Jamaica applies 15% General Consumption Tax on most goods and services. Some basic food items and medical services are zero-rated or exempt.