Invoice Timing in Spain Internal

When do you issue invoices? 

In Spain, a country with one payroll cycle each month, invoices are sent in the middle of the month. You may receive a second invoice at the end of the month for any unbilled items.

Why am I not receiving invoices in a timely manner?

There are a number of factors that influence when your invoice arrives. Please reach out to Velocity Global through your normal process, and we will help you if you have any questions or concerns about the timeliness of invoices.

When will we receive our first invoice?

You will receive a deposit invoice during the onboarding process.

The next invoice will depend on whether the agreement has been signed and if all necessary data to run payroll has been provided to Velocity Global on or before a specific date each month. This date is typically around the 11th, but this can vary based on the time of year. Assuming the agreement has been signed and all the data has been received on or before that date, you should expect to receive an invoice in the middle of that month. If that data is received after the 11th, you will receive the first invoice in the middle of the following month.

In some rare circumstances, when a supported employee signs an agreement and/or the necessary data to run payroll is provided to Velocity Global after the 11th of the month for a start date in the current month, the first invoice will be received in the following month.