Learn all about Magnit invoicing procedure (en)

Invoicing Procedure Magnit Global Netherlands B.V.

How does the procedure work?

• The professional enters the hours weekly in the time registration system of Magnit Global Netherlands B.V.
• The professional ensures timely approval of the hours by the hiring manager. The deadline for time registration and approval is the 10th of the following calendar month.
• Based on the approved hours, Sterksen B.V. receives the hours from Magnit Global Netherlands B.V. around the 20th of each month.
• After receiving the hours, you will receive a Reversed Billing on the next working day.
• Hours that have not been entered or approved on time will automatically be carried over to the next run.

Sterksen B.V.
Haagweg 389
4813 XC Breda
finance@sterksen.com

• The professional and the client are responsible for entering and having the hours worked approved on time.
• The agreed payment term starts on the invoice date of the Reversed Billing.
• You can track the status of your invoice through your profile on the Striive platform under the ‘Invoices’ tab.