Invoice #173527 to A space to be
5% Management Fee
Paid
Invoice #173527
Submitted by The Social Change Nest•Approved by elspeth berardelli
Nov 24, 2023
Invoice items
5% Management Fee on Grant Installment 24/11
£256.75 GBP
Total amount £256.75 GBP
Additional Information
payout method
Bank account
Details
********Expense created
By elspeth berardellion
Expense approved
Expense scheduled for payment
Expense processing
Expense paid
Expense Amount: £256.75
Payment Processor Fee: £0.00
Net Amount for A space to be: £256.75
Collective balance
Expense policies
Expense policies
Expenses are expected to fall into one of 4 categories :-
1. Capital costs involved involved in ensuring accessibility.
2. Running costs and overheads including :- travel costs, materials and equipment, overheads, catering. (Other expenses may arise in this category which will be considered if/when they arise).
3. Wages drawn in facilitating the running of the project.
4. Researcher expenses within the agreed budget of £8ooo.
Any project expenses not obviously falling into above categories will also be considered if deemed justified by page administrators.
Admin will be alerted by email each time a request has been made , asking for approval or not . (check junk mail ).
Assuming expense is approved funds will be transferred on Mondays, Wednesdays and Fridays as long as approval given before 1pm of that day. If after 1pm payment will be held until the next payment day.
All payments whether reimbursement or direct payment of invoices will be paid directly by bank transfer.
Bank details of the creditors will need to be provided in advance of payment. All financial details will be securely recorded and kept private from public view.
1. Capital costs involved involved in ensuring accessibility.
2. Running costs and overheads including :- travel costs, materials and equipment, overheads, catering. (Other expenses may arise in this category which will be considered if/when they arise).
3. Wages drawn in facilitating the running of the project.
4. Researcher expenses within the agreed budget of £8ooo.
Any project expenses not obviously falling into above categories will also be considered if deemed justified by page administrators.
Admin will be alerted by email each time a request has been made , asking for approval or not . (check junk mail ).
Assuming expense is approved funds will be transferred on Mondays, Wednesdays and Fridays as long as approval given before 1pm of that day. If after 1pm payment will be held until the next payment day.
All payments whether reimbursement or direct payment of invoices will be paid directly by bank transfer.
Bank details of the creditors will need to be provided in advance of payment. All financial details will be securely recorded and kept private from public view.
FAQ
How do I get paid from a Collective?
Submit an expense and provide your payment information.
How are expenses approved?
Collective admins are notified when an expense is submitted, and they can approve or reject it.
Is my private data made public?
No. Only the expense amount and description are public. Attachments, payment info, emails and addresses are only visible to you and the admins.
When will I get paid?
Payments are processed by the Collective's Fiscal Host, the organization that hold funds on their behalf. Many Fiscal Hosts pay expenses weekly, but each one is different.
Why do you need my legal name?
The display name is public and the legal name is private, appearing on receipts, invoices, and other official documentation used for tax and accounting purposes.
Collective balance
£10,614.19 GBPFiscal Host:
The Social Change Nest