Invoice #1, which is used to pre-fund your payroll, is based on estimated costs for the month. If your Pre-funding invoice amount was lower than the actual costs incurred during that billing period, we will issue a Reconciliation Invoice for you to pay the difference.
While we do all we can to estimate the Payroll Pre-funding invoice amount is as close as possible to what the actual costs will be, there are several common factors that can cause discrepancies: employees onboarding or off-boarding during the month, changes in local regulations, benefits changes, and variability in leave/working hours for each employee. Many of these factors are only known when payroll is processed.
See also: What do the different invoice items mean?
If your Pre-funding Invoice amount was higher than the actual costs incurred during that billing period, we will issue a Reconciliation Credit; this Credit Note will be applied to the next invoice when applicable.
If your Pre-funding invoice amount exactly matches the expenses incurred during that billing period, we will issue a 0 total reconciliation invoice, and no further action is required on your end.
All of your invoices and credit notes can be found under Remote invoices tab.
See also: Why does my monthly invoice breakdown report not match my invoice amount?
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