When a contractor submits an invoice on the platform, it will go through several status changes till the payment is complete. These are the different statuses:
Paid Out- We have paid out this invoice to the contractor. We have no control over when exactly the money enters their account.
Paid Outside Remote- The client has indicated that they have already paid this invoice outside of Remote.
Payment Due- The contractor has submitted an invoice. This status shows that Remote has not yet received payment from the client for the contractor’s invoice and the client has neither approved nor rejected the invoice.
Payment processing- We have received payment from the client for the contractor’s invoice. This status shows we are in the process of paying out the funds to the contractor.
Declined- The client has rejected the invoice.