This article answers common questions and concerns about Deel payment cycles, and payment processing.
What are payment cycles?
Every payment that is processed and completed in Deel is tied to a cycle.
When you pay for the work submitted by the contractor within a set cycle - that is a Payment Cycle.
When you create a contract, you determine the frequency of payments and the first payment date.
We use cut-off dates to lock our payroll reports and data for EOR employees. Please consider cut-off dates for all payroll adjustments, such as adding bonuses, allowance, or expenses.
All adjustments approved and amendments signed before the cut-off date will apply to the current payroll cycle. However, if adjustments are made after the cut-off date, they will be added to the next cycle.
What is an overdue payment on Deel?
If you don't issue a payment for a payment cycle on time, then the payment is overdue.
Once a payment is overdue, it is separated from the standard payment cycle. Separating the payments allows you to pay both the overdue payment and your current payment at your convenience. Your Deel dashboard displays payment sums.
If your payment is 7 days late, a banner will appear on your Dashboard indicating that your payment is late and must be addressed. You can not dismiss this banner.
How do I process an overdue payment?
If your payment is over 7 days late you can click See Statement on the banner that appears on your Dashboard.
To process an overdue payment, please click Pay Overdue Invoices and follow the steps on the screen.
What happens if a contractor doesn't submit the work on time?
If your contractor doesn't submit work by the end of a payment cycle they can do it later and add it to the previous cycle. Work submitted for past cycles will show as overdue.