We strive to simplify the process of receiving payment for your hourly job contracts.
🚀 In this article
Payments for your hourly job contract
The payment system automatically bills your client for timesheets and billable hours at the end of each weekly Billing Period. Read our article for a full summary of the billing period for hourly job contracts.
The billable hours recorded in your Work Journal and timesheets are invoiced to your client on the following dates:
- Day 1-7 (Mon-Sun): You track work hours with the Cad Crowd timer app and Work Journal
- Day 8-14 (Mon-Sun): The client is invoiced on Monday and has until Friday night to check the timesheets
- Day 15-17 (Mon-Wed): The payment security period starts (Monday), and your funds can be withdrawn on Wednesday
Important: Remember to stay within the weekly time limit in your hourly job contract. Any time that exceeds your contract’s weekly limit cannot be billed to time timesheets, and your client won’t be invoiced for the excess work.
Tip: Cad Crowd’s Billing Security policy may cover your hourly job contract when you log billable hours using the Cad Crowd Timer.
Weekly retainer payments for hourly contracts
Weekly retainer payments are automatic transactions for an ongoing amount that a client can add to any job contract. This total amount is invoiced to the client each week with the billable hours recorded in your Work Journal. Contrary to the hours logged in your Work Journal, weekly retainer payments do not have the hourly hold period and are made available to withdraw following a 5-day security period.
Read our articles to learn more about payments for hourly contracts:
- Weekly billing period for hourly & fixed-rate job contracts
- Billing Security policy for hourly job contracts
Questions and answers
âš¡ Why haven’t I received a payment?
You must request a payout to withdraw funds from your account. Please get in touch with us if you have questions about your payment status and made your withdrawal request more than 14 days ago.
