Client invoices
Upwork creates invoices through the platform, but the service relationship remains between your business and the individual client.
ACCOUNTING FOR FREELANCERS AND BUSINESSES EARNING THROUGH
Upwork sends the payout.
Accounting for Slovak freelancers and companies earning through Upwork. Client invoices, gross earnings, platform fees and withdrawals are connected to the bank and the correct VAT treatment for each client — for a fixed monthly fee with no charge per invoice.
Upwork is the platform.Your client is still the customer.
Each invoice follows the client’s country and tax status. Upwork fees and withdrawals are separate parts of the same accounting flow.
Gross earnings and fees
The full amount invoiced to the client is recorded as income. Upwork service fees are processed separately as a business expense.
VAT by client
Slovak, EU and non-EU clients may require different VAT treatment, registrations and reporting.
Payout reconciliation
One withdrawal may contain several invoices and fees. We connect the transaction history with the bank so the entire balance can be explained.