Each pay period, Boundless issues an invoice that reflects the total payroll cost, including the salary of each employee, associated taxes, contributions, and our fee. To make things easy, this will be a single invoice in your own currency, accompanied by a breakdown of each employee’s salary, tax and contributions.
Upon signing up, you'll receive the first invoice, which includes a pre-payment amount for the estimated first month's total payroll. For each subsequent period, the invoice will consist of the current month's total payroll cost, our fees, and, if applicable, any amount required to match the estimated payroll cost for the subsequent month. Employees will then be paid in their local currency.