Self-billed invoice consent
This Self-Billing Agreement ("Agreement") is entered into between Smiler, hereinafter referred to as "Buyer," and "Independent Contractor", hereinafter referred to as "Supplier," collectively referred to as the "Parties."
Purpose:
The purpose of this Agreement is to establish the terms and conditions under which the Buyer will generate and issue self-billing invoices on behalf of the Supplier for the goods or services provided by the Supplier.
Self-Billing Process:
The Buyer shall create and issue self-billing invoices to the Supplier based on the agreed-upon terms, including product or service descriptions, quantities, prices, and any applicable taxes.
The Supplier agrees to review each self-billing invoice promptly upon receipt and notify the Buyer of any discrepancies or inaccuracies within a reasonable timeframe.
Payment:
The Buyer shall make payments to the Supplier in accordance with the terms specified in the self-billing invoices.
The Supplier acknowledges that accurate and timely submission of necessary information is essential for the prompt processing of payments.
Records and Auditing:
Both Parties agree to maintain accurate records of all self-billing invoices, payments, and related documentation for a minimum period as required by applicable laws and regulations.
The Buyer reserves the right to audit the Supplier's records related to self-billing transactions upon reasonable notice.
Confidentiality:
Both Parties agree to treat all information obtained in the course of the self-billing process as confidential and not disclose it to third parties without the written consent of the other Party.
Term and Termination:
This Agreement shall commence on the effective date and remain in effect until terminated by either Party with written notice. Termination shall not affect the validity of self-billing invoices issued prior to termination.