In self-billing, an invoice is compiled by the buyer or recipient of a service rather than by the supplier or provider of the service in question. This is why this system is also referred to as a ‘customer-issued invoice’ system.
GIGHOUSE has started using a self-billing system to relieve its freelancers of their invoicing obligation. This means that you will no longer be required to draw up invoices for the services you perform through GIGHOUSE. Instead, GIGHOUSE will compile these invoices – what we call ‘self-bills’ – on your behalf. GIGHOUSE does not accept invoices from freelancers.
Entering self-bills as sales invoices in your administrative records is easy:
Supposing the freelancer has already entered sales invoices 1-10 for the month of April in his/her ledger. In that case, he/she can simply enter the self-bill as number 11.
The only thing the freelancer still needs to do is to maintain a separate Excel sheet clearly showing that sales invoice 11 is a self-bill. That means creating an Excel sheet with two columns: one listing our numbers, and another listing the numbers you have assigned our self-bills.