As a customer, you would usually be sent a bill by your supplier for any goods you purchase. However, in particular industries, you may have an agreement with the seller for you to determine the price of the goods you are buying.
In this instance, with your tax authority's permission, you would use a recipient-created tax invoice, also known as a buyer-created tax invoice.
Note: This video is for our NZ and Australian based customers.
A recipient-created tax invoice must be created and sent from outside of Xero accounting software. This video tutorial teaches you how to account for these types of invoice in Xero.
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