Invoicing at LittleBig Connection

Depending on whether you are on a Connect or Rise project, the invoicing process on LittleBig is different. In this article, we will look at how it works and what you need to do to ensure that you receive payment for your projects in a timely manner.

Within this article

• Invoicing for a Connect project
  • Tracking the invoicing process
• Invoicing for a Rise project
• Keeping your information up to date
• Use Case: Recoverable VAT

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Invoicing for a Connect project

In case of a Connect project, LittleBig Connection acts as an intermediary in the contractual and financial relationship. This means that we receive the payment from your Client and then transfer it to you, after deduction of our margin.

By default, we wait for your Client's payment before proceeding with yours (the delay depends on the client: 30, 45, 60 days, etc.) unless you have activated the Immediate payment option.

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Tracking the invoicing process

If your billing information is correct, the first step in the process is your Activity Report (AR). Each month, you need to submit your AR, for your Client to validate.

As soon as the Client approves the AR, the invoice is automatically generated (in specimen mode). To access it, go to the Activity Reports/Invoices tab, click on Invoices and you will find it in the Invoices issued for LittleBig tab.

Next, the invoice must be validated by our Finance team. Once this is done, the specimen will be replaced by the validated invoice, which will be downloadable in PDF format. At the same time, it will be sent to your Client and the payment period will start (due date indicated on the invoice).

Then, still on the Invoices issued for LittleBig page, you can follow the status of your invoice and when we receive the payment from your Client, we proceed to yours within 5 to 8 working days.

If you have any questions about your invoices, you can contact our Finance team.

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Invoicing for a Rise project

In case of a Rise project, you are in direct relation with your Client. This means that LittleBig Connection does not intervene as an intermediary in the payment of the invoices because the invoicing is managed by your Client directly.

However, an invoice will be issued every quarter concerning the use of the platform and can be sent to you or your Client (you can ask your Client contact what has been decided). In case this invoice is sent to you, you will receive it by email:

• Between April 10th and 15th for the period from January to March
• Between July 10th and 15th for the period from April to June
• Between October 10th and 15th for the period from July to September
• Between January 10th and 15th for the period of October to December

This invoice includes the cost of using the platform for each project during the past quarter.

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Keeping your information up to date

In order to ensure that the invoicing process runs smoothly, it is crucial to have an up-to-date billing profile.

To do so, go to the My details tab and click on Company settings. In the Invoicing details section, make sure you fill in all required fields with up-to-date information: billing details, billing options, tax details, and company bank details. If this information is incorrect or missing, the automatically generated invoices for your Connect projects will also be incorrect, which may delay the receipt of your payments.

Another important point to take into account is the fact of having a Purchase Order (PO) up to date for each project because the dates and the quantity of Work Units provisioned indicated on this document condition the invoices issued.

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