R 432.408 Invoices for equipment.

Rule 408. (1) A licensed supplier shall record every sale, rental, return, dealer cost, or any other type of transfer of equipment to or from licensees by completing a sales invoice or credit memo. (2) All invoices for equipment and dealers shall be sequentially numbered and issued in sequential order or as directed in writing by the executive director. (3) An invoice for equipment and/or dealers supplied to a licensee shall be given to the licensee before the millionaire party. (4) The invoice shall contain all of the following: (a) The amount of each sale. (b) All credits. (c) All exchanges. (d) All sales premiums. (e) All rebates or discounts. (f) The net amount of each sale. (g) Any other information as directed in writing by the executive director. (5) A licensed supplier shall retain all voided or spoiled invoices for equipment and/or dealers.