inzpire.me creates a sample invoice for each booking based on the information provided by you and the brand. These sample invoices are made available in your Wallet.
In your Wallet, you have the option to filter your invoices by Date Range, helping you to easily view transactions from specific periods. Additionally, you can apply filters to see different Transactions Types.
👋 Note: If you don't see any invoices, you may need to edit the Date Range to include the time period of the bookings your are looking for.
How to download sample invoices
To download a sample invoice:
Click the Wallet menu item in the side menu
Under Transactions, set the Date Range which contains the relevant booking
Either click Download All Invoices, or click the 3 dot menu under the PDF column to download specific sample invoices.
inzpire.me charges a 10% service fee for each transaction. To view the service fee for a booking, click Service Fee PDF under the corresponding booking transaction.
Why there are two invoices
For each booking transaction, we generate two invoices:
Booking payment invoice: This invoice is from you to inzpire me, and reflects the total booking payment before any deductions. It represents the total amount you’ve earned for your work.
Service fee invoice: This is a separate invoice from inzpire me to you, detailing the 10% service fee. This fee is deducted from your earnings before payout.
From an accounting perspective, this setup ensures that:
Your income (revenue) is properly recorded as the full amount you earned (from the Booking payment invoice).
The service fee is correctly accounted for as an expense in your bookkeeping (from the Service fee invoice).
The final payout you receive matches your earnings after deducting the service fee, ensuring a clean and transparent financial record.
When recording these transactions in your accounting system:
Record the total amount on the Booking payment invoice as revenue.
Record the service fee on the Service fee invoice as a business expense.
The net amount you receive in your bank account should match revenue minus expense (Service fee).
This is a standard accounting practice and ensures everything is properly accounted for in case of tax reporting or financial audits.
Questions? Send us a chat!