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 these type of projects you must select "Task-based" 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.

Payment Timeline

The payment timeline depends on the client:

• For clients eligible for early payment: You’ll receive payment within 10 business days of project completion.

• For clients not eligible for early payment: The client must pay in advance to provision the total amount at the start of the project. In this case, you’ll receive payment immediately after validation.
  

Time-based projects are perfectly suited for work billed at a daily or hourly rate, with an initial estimate of the number of days per month, which is then adjusted based on the actual time worked.
You’ll receive monthly payments based on the exact number of days or hours worked during the specified period.

Features

• A dedicated interface summarizes completed and upcoming months, consolidating invoices and order summaries in one place.

• Ideal for building long-term client relationships with guaranteed daily rates and assured end-of-month payments, without waiting for the project to conclude.

• Monthly invoices are issued only after your activity report is approved by the client but are dated to the last day of the respective month.

You can select this billing method when creating a quote, provided your client is eligible.

Invoices are issued each month based on the number of days or hours 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 for each month will only be issued after the validation of the timesheet 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 timesheet late, the invoice will be dated the day you declare your activity.

Remember that you are obliged to validate your timesheet 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 time-based 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.

We advise you to divide your budget into several monthly installments as task-based projects.

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.