At Cobee, invoices are issued on the payroll cycle closure day that you have selected in your dashboard. In this guide, we are going to explain the invoices you receive, as well as a way of accounting for them.
Cobee issues two invoices to its clients: one in relation to use and the other in relation to commissions.
Invoice for consumptions
It includes:
- Meals consumptions: which are broken down depending on the type of consumption, between Salary Sacrifice and Social Benefit, and their tax exemption status, between exempt and non-exempt.
- Transport consumptions: which are broken down depending on the type of consumption, between Salary Sacrifice and Social Benefit, and their tax exemption status, between exempt and non-exempt.
- Nursery consumptions: which are broken down depending on the type of consumption, between Salary Sacrifice and Social Benefit, and their tax exemption status, between exempt and non-exempt.
- Gym consumptions: which are broken down depending on the type of consumption, between Salary Sacrifice and Social Benefit, although in this case, they are always non-exempt consumptions.
- All Expense consumptions: which can only be consumed from Social Benefit and are always non-exempt consumptions.
- Balance refund: separated between the salary sacrifice and company allowance, and the full amount of both will be included in the final column.
An invoice for use has the following format: