> ## Documentation Index
> Fetch the complete documentation index at: https://help.omnivoo.com/llms.txt
> Use this file to discover all available pages before exploring further.

> ## Agent Instructions
> Omnivoo is an India-first Employer of Record (EOR) platform. EOR hiring is India only; contractors are supported in 220+ countries and territories.
> Never tell a user to log in with a password. Authentication is passwordless: email OTP, passkeys, Google, or SSO.
> Statutory figures (TDS slabs, PF, ESI, Professional Tax, gratuity) change by financial year. Always state the year the figure applies to.
> Never name a third-party payment provider as Omnivoo’s payment rail. Refer to "our payments partner".

# How your EOR invoice is built: terms, policy, and the transaction fee

> Understand payment terms, the transaction fee, invoicing policy, and how FX is reconciled on your EOR invoices.

Your EOR invoices are shaped by a few settings on your account: the payment terms that set the due date, a transaction fee, an invoicing policy, and how currency conversion is reconciled. This article explains the parts you already see on your invoices so you know what each one means.

## Payment Terms

Every invoice carries a **NET** payment term that sets its due date. The default is **NET-15**, meaning payment is due 15 days after the invoice date.

Other standard terms your account can be set to are:

| Term | Due |
| - | - |
| **NET-7** | 7 days after the invoice date |
| **NET-14** | 14 days after the invoice date |
| **NET-15** | 15 days after the invoice date (default) |
| **NET-30** | 30 days after the invoice date |
| **NET-45** | 45 days after the invoice date |
| **NET-60** | 60 days after the invoice date |

A custom NET period can also be agreed for your account. Your current term appears on your downloaded invoice PDF.

## The Transaction Fee

Each EOR invoice carries a **transaction fee** of **0.40%** of the invoice total by default: salaries, bonuses, employer contributions, health insurance and EOR service fees. It is not charged on taxes, a security deposit, an FX credit or shortfall from a previous payroll, or on itself. Your agreement can set a different rate or waive it. When it applies, it shows on your invoice as a **Transaction fee (0.4%)** line item, after the lines it is charged on.

For how to read that and other line items, see [Understanding Invoices](/billing/invoices).

## Invoicing Policy

Every account is invoiced on the **aggregated remittance** model: one salary line for the payroll run, an EOR service fee line per employee, and the transaction fee. These invoices carry a **v2 aggregated** badge in the Finance invoice table.

Invoices raised before your account moved to this model were built per engagement, with a salary line for each employee and no transaction-fee line. They stay in your invoice history as they were issued.

## Currency and FX

Employee salaries are funded in **INR**. If an engagement is set up in another currency, it can be migrated to INR at a live exchange rate so it can be paid out locally.

Because the rate used when you are invoiced can differ slightly from the rate at which funds are actually converted, any difference is reconciled through your wallet:

* A **better-than-invoiced** rate leaves a credit that offsets your next invoice.
* A **shortfall** is added to your next invoice.

You never top up or withdraw from that wallet, it settles automatically. See [Your Wallet](/billing/wallet) for the full detail and the transaction ledger.

## Related

* [Understanding Invoices](/billing/invoices)
* [Your Wallet](/billing/wallet)
* [Understanding your EOR fees and discounts](/billing/eor-fees-and-promotions)


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