No, you don’t need invoices unless you lack a written lease agreement record or if you’re not adhering to the agreed-upon payment schedule, which defaults to the first day of each month.
While some clients might consider invoices essential for documenting their payments, they are unnecessary in our community. We’ve streamlined the process for our clients by automating the payment process via Quick Book online System. This ensures that your rent payments are properly documented and eliminates any confusion regarding the timing or method of payment.
Moreover, if you require proof of payment for taxation purposes, you can simply provide the signed lease agreement. This document clearly indicates the lease duration and the corresponding rent amount. Specific invoices are only necessary in cases of audits or when explicitly requested by the Canada Revenue Agency. In such instances, our office will gladly comply with the government’s requirements, as stated in your provided letter.
In summary, separate invoices are almost never required, except in extremely rare situations. However, if you still desire them, we’re more than happy to accommodate your request. Please be aware that there is a processing fee of $10.00 per electronic copy per month for this service. If you’d like to proceed, kindly send us a written request to confirm your preference.