Start for free
Language: EN

Accounting and invoicing for IT project managers

Project management, Scrum master, product owner and interim roles: IT project managers often work through intermediaries and invoice by days or hours. Saldiqo creates the monthly invoice from recorded days, writes the invoice to the intermediary and reminds on long payment terms.

Updated:

What comes up for IT project managers

Intermediary and end client

The invoice goes to the intermediary, the assignment runs at the end client. Both have to be recognisable on the invoice.

Long payment terms

30 to 60 days are usual. Whoever does not follow up waits for months.

Timesheets

Many clients require timesheets with the invoice.

How Saldiqo helps

  • Invoice from daysRecord days and take them over as a line.
  • Intermediary as a contactInvoice to the intermediary, project in the description.
  • RemindersKeep open invoices in view.
  • Travel costsRecord receipts and re-invoice them as a line.

Typical invoice lines

Examples that often appear on invoices in this industry. You set the prices yourself.

  • Project management, 20 person days
  • Scrum master work, 15 days
  • Travel costs as per receipt
  • Planning workshop, full day
  • Stakeholder reporting, hours
  • Supplement for on-site work

Tax and invoicing in Cyprus

What applies to invoices in Cyprus, in short. As of October 2026.

VAT
Rates 19 %, 9 %, 5 % and 3 %, plus 0 % until 31 December 2026 for infant milk, nappies, hygiene products and fresh fruit and vegetables.
VAT registration
The threshold is €15,600 of taxable turnover over 12 months, or expected within the next 30 days. If you sell services to businesses in other EU countries, you generally register from the first sale. Until you are registered, Saldiqo leaves VAT off and adds up your turnover.
What goes on an invoice
Even businesses that are not VAT registered must issue invoices and receipts. Companies show their name, HE number, the words “private company” where they apply, and their registered office. Notes such as reverse charge appear in Greek and English.
Invoice timing
Issue invoices within 30 days.
E-invoicing
There is no mandate. Public bodies accept e-invoices (Peppol BIS 3.0) and suppliers send them voluntarily. EU rules follow from 1 July 2030.
VAT returns
VAT4 returns are filed online through TFA, quarterly with staggered periods, by the 10th of the second month after the period, moved to the next working day if it falls on a weekend. Saldiqo does not file returns.
Record keeping
Plan for 10 years. The minimum is 6 years, VAT records can need up to 7 years, and OSS records 10 years.
Late payment
Interest on late business payments is 10.40 %, plus €40 compensation between businesses.
Languages
Use Saldiqo in Greek or English and send invoices in either language.

Frequently asked questions

How do I bill through an intermediary?

You create the intermediary as a contact and write the invoice to them. Project and end client appear in the description.

Can I send timesheets?

You record days in Saldiqo and can take them over as lines in the invoice.

Do IT project managers in Cyprus have to charge VAT?

Once they are registered, yes. The threshold is €15,600 over 12 months, or expected within 30 days. Services to businesses in other EU countries require registration from the first sale.

Do IT project managers in Cyprus need e-invoicing?

No. Public bodies accept e-invoices through Peppol and suppliers use it voluntarily. EU rules follow from July 2030, so PDF invoices remain fine today.

How long should IT project managers keep invoices?

Plan for 10 years: the minimum is 6 years, VAT records can need up to 7 and OSS records 10. You can store receipts digitally in Saldiqo. The legal duty to keep records stays with you.

Try Saldiqo for free

Write invoices, match payments, collect receipts and send reminders: free and without a trial period.

Start for free

This page for other countries

Related niches

More industries

All industries

As of October 2026. General information, not legal or tax advice, without guarantee. For your case ask your tax adviser.