Billing
Once timesheets have been submitted and approved, they can be billed and processed.
Please note, PAYE timesheets and contractor (i.e. limited company or umbrella workers) are processed on different schedules:
- Contractor timesheets will be billed at any time, according to the schedule that you've agreed with Sonovate.
- PAYE workers will be billed in one of two ways:
- Traditionally, any approved PAYE will be billed via an automated billing run at 2pm on Wednesdays. Workers will then be paid on or before Friday.
- Alternatively, you can take advantage of out new flexible payroll schedule, that allows you to run payroll on any day, multiple times per week (see more here)
Payments
Once billed, the timesheets are awaiting deductions. We will reserve the gross worker payment off your availability, allowing you to be paid your margin the same day. This will appear as an adjustment on your account, as below.
Once the PAYE deductions have been calculated, we will put the gross pay back onto your account, and remove the net pay, leaving you with the deductions, that will be paid out at the end of that day.
Payments to you and your workers will show on the Payments Out screen.
Timeframes
The normal timeframe for payment will be:
- The day after billing - margin payments to you
- Two days after billing - net payments to workers and deduction payments to you