Polar invoices the customers
Polar acts as the reseller, invoices end customers and handles the calculation and remittance of international sales taxes.
ACCOUNTING FOR BUSINESSES USING
Polar handles global sales.
Accounting for Slovak companies and sole traders selling through Polar. Self-billed documents, payouts, fees and refunds connected with the bank so everything adds up — for a fixed monthly fee with no fee per order.
Polar sells to the customer.You account for the relationship with Polar.
One payout, one traceable flow
The reverse invoice, settlement, fees, Stripe payout and bank receipt should form one understandable chain.
Refunds affect the settlement
Polar handles them with the customer, while returned amounts and related fees affect your balance and next payout.
No separate OSS for Polar sales
Polar sells to the end customer. Slovak accounting therefore handles your company’s relationship with Polar, not a separate invoice for every order.