An invoice is generated on the last day of every month. This is generally applicable to all our clients.
Bill is generated based on the following entities:
- Active headcount for the month, this includes active employees, new joinees, employees whose salary is on hold, and employees whose salary has been stopped.
- Final settlement employees for the month.
You have to make sure that the headcounts are correct during month end or before the bill is generated.
There is an option where you can select the billing date as the 5th, 10th, or 15th of the next month. Based on your selection, invoices are generated on those dates of the next month.
This option is been provided, to our clients who process their payroll by the 7th of the next month. You can choose the billing cycle that suits you best.
Note: The due date of payment is 10 days from the date of invoice. We request you to release the payment by the 10th of each month and share the complete transaction details of the payment to firstname.lastname@example.org. Payment should be on monthly basis.