Special Accounts

Archisquad Monthly Charge

Archisquad Ltd issues a monthly invoice with wages from each members plus a management fee

Each member in Bulgaria issues an invoice with the remaining amount of wages directly to Arcanary.

This invoice must be tracked as a bill, and contain at least two lines:

The total hours of work times the rate
The amount (where quantity = 1 and amount in a negative number, description as: "Pre-payment"

The rest of the bill/invoice fields must be tracked as:

In Australia

At the moment is only Marcos

Align Consulting uses our team in Bulgaria to produce visualization and documentation.

The Bulgarian Team, a.k.a ARCHISQUAD Ltd acts independently of Arcanary and outsources this type of project to local freelancers.

Archisquad Ltd (Bulgarian Office) Issues a monthly invoice with the cost for each project, previously arranged with ALign.

Align also Issues a monthly P&L with the amounts claimable by Arcanary.

Arcanary Pays the Bulgarian team, and then Invoices Align once the P&L has been issued, normally at the end of the next month.

To keep transparency and clarity of the profitability of these projects we must:

Create the projects in the App (normally done by the Bulgarian manager)
Create the projects in Xero
Track the bill issued by Archisquad and itemize per project which is linked to each of the " In progress project " Previously Created, adding into the Real: Align-Archisquad Category, and the bills tracking category as " Project expense"
Prepare invoices as per the P&L monthly report
Finally once the invoice has been sent and then pay, reconcile the transaction and confirm profitability

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