In case the Partner handles Payments
Once per month, you will receive an invoice that includes the total media spend minus your profit share.
This is how it works:
- VONQ aggregates all orders done by your customers every month
- All orders in month X are invoiced at the start of the new month (typically the 3rd working day of the following month)
- You will receive one invoice that includes all your orders.
- This invoice also includes a line item with your partner's share, which is deducted from the total media spent and invoice amount (“Kickback”)
- You transfer the invoice amount (media spent - your share) to VONQ by wire transfer.
Please find an example invoice here.
Example
Orders done in July are invoiced at the start of August.
All orders combined have a media spend of 10,000 euros.
An invoice is sent with 8,000 euros as one line item. The invoice also states your share of 2,000 euros.
You transfer 8.000 euros to VONQ's bank account.
Next to the invoice, you will get an order report that lists all individual orders/purchases done by your customers, including the profit share calculations. This report will be sent on the 7th calendar day of the following month.
Please find an example order report here.
In case VONQ handles Payments
VONQ will send you an aggregated report of the orders made in a month on the 7th calendar day of the following month. This report will include the customer name, media channel sold, sales price, purchase price, gross profit and profit share calculations. You can use this report to send VONQ an invoice.
Invoices can be addressed to:
VONQ B.V.
Rotterdam Building 7th Floor
Aert van Nesstraat 45
3012 CA Rotterdam
The Netherlands
VAT: NL819627380B01
Billing Email Address: invoices@vonq.com
Inquiry Email Address: finance@vonq.com
The invoices should include the partner’s name and the month of the profit share being invoiced, for reconciliation purposes.