A Sponsorship Invoice is a crucial financial document used in Irish business contexts when requesting payment for sponsorship rights or services. This document type is typically generated after a sponsorship agreement has been established and when payment is due for specific sponsorship periods or deliverables. The invoice must comply with Irish VAT regulations and include all elements required by the Revenue Commissioners, such as VAT registration numbers, proper company details, and clear service descriptions. It serves as an official record for both accounting and tax purposes, documenting the financial transaction between the sponsor and the rights holder. The document is particularly important in Irish business practice as it must meet specific requirements for VAT reporting and financial record-keeping.
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1. Invoice Header: Company details, invoice number, date, and VAT registration number
2. Client Information: Full legal name and address of the sponsored party
3. Invoice Reference: Reference to sponsorship agreement or contract number
4. Description of Services: Clear description of sponsorship category and period covered
5. Amount Details: Breakdown of fees, VAT calculations, and total amount due
6. Payment Terms: Due date and accepted payment methods
7. Bank Details: Company's bank account information for payment processing
1. Sponsorship Level: Detailed description of sponsorship tier or package level, used when multiple sponsorship tiers exist
2. Special Instructions: Any specific payment instructions or requirements, included when standard payment terms don't apply
3. Contact Information: Specific department or person handling sponsorship queries, included for large organizations
4. Purchase Order Reference: Client's PO number if required by their accounting system
5. Tax Treatment Notes: Special VAT or tax considerations, included for international sponsors or special tax arrangements
1. Schedule A - Benefits Breakdown: Detailed list of sponsorship benefits and their individual values
2. Schedule B - Payment Schedule: If payment is to be made in installments, details of payment dates and amounts
3. Appendix 1 - Sponsorship Terms: Reference to or summary of key terms from the main sponsorship agreement
4. Appendix 2 - Service Delivery Record: Record of sponsorship benefits already delivered, if applicable
Relevant legal definitions
Clauses
Relevant Industries
Sports and Recreation
Entertainment
Media and Broadcasting
Arts and Culture
Education
Charity and Non-profit
Professional Services
Technology
Financial Services
Retail
Healthcare
Event Management
Relevant Teams
Finance
Accounting
Commercial
Marketing
Business Development
Sponsorship
Events
Partnerships
Legal
Administration
Relevant Roles
Finance Manager
Accounts Receivable Specialist
Sponsorship Coordinator
Partnership Manager
Financial Controller
Accounting Manager
Business Development Manager
Events Manager
Marketing Manager
Commercial Director
Finance Director
Sponsorship Rights Manager
Partnership Director
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