The different types of projects

This type of project is ideal for specific needs and for a project duration of no more than one month.

To carry out a short project you must select "short" in the type of projects section.

This budget is compatible with all types of clients and can be modified at any time until the client validates the completion of the project.

The payment term depends on the client:

• If the client is eligible for our advance payment option, you will receive payment within 10 business days of project completion.

• If your client is not eligible for advance payments, they must pay to provision the full amount at the beginning of the project. In this case, you will receive the payment immediately after validation.

Recurring projects are best suited for long-term work at Malt, allowing a project to be split and billed over several months , based on the number of months it covers and the number of days or hours worked.

You have a single interface that summarizes the different months that have elapsed or to elapse and centralizes all invoices and order summaries . It is a way to ensure a long-term relationship with your client, with a guaranteed daily rate and the guarantee of getting paid at the end of each month , without having to wait to finish the project.

The invoice for each month will only be issued once your activity report has been validated by the client , but it will be dated the last day of the month in question.

You can choose this billing method directly when creating the quote if your client is eligible . To carry out a recurring project you must select "recurring" in the type of project section.

Invoices are issued each month based on the number of days actually worked.

Therefore, you will have to fill in the number of days worked each month so that the client can validate the invoice and pay you.

The invoice of each month will only be issued after the validation of the activity report by the client, however, it will be dated the last day of the month in question.

Keep in mind that if as a freelance profile you validate your activity report late, the invoice will be dated the day you declare your activity.

Remember that you are obliged to validate your activity report so that the invoice is issued and so that the client can validate it on their part.

At the end of each month!

If you choose the recurring project option, you will need to complete a Monthly Activity Report before the end of the month .

You must indicate the days (or hours) that you have worked during the month, and this report will be sent to your client for validation.

Once validated by your client, the invoice will be issued and sent to the client for payment.

In such case you will automatically receive payment in 10 business days for your recurring project.

This model differs from the prepayment system, in which the client reserves the amount before the project starts in an escrow account and releases them as soon as the project completion is valid.

We advise you to divide your budget into several monthly installments.

This will allow your client to pay you each month.

By dividing the project into several small budgets, you will receive payments in advance as the project progresses.

If you agree with your client a certain duration of the project, for example 6 months, you can send 6 quotes at the beginning of the project, so that the client can validate them at the beginning to confirm the duration of the project and then provision them on the fly.

You must write each budget with an indicator for each stage in the title. For example:

• project title + advance

• project title + part 1, part 2, etc.

• project title + January, February, etc.

How can I insert the Malt invoice into my regular invoicing?

If you wish, you can enter the reference number of your internal accounting system here, so that your accountant does not have to spend hours figuring out how to manage your invoices issued by Malt.