Start for free
Language: EN

Accounting and invoicing for social media agencies

Content plans, community management, campaigns and reporting: a social media agency lives on monthly contracts and jobs on top. Saldiqo creates the retainer invoices on schedule, re-invoices ad budgets and freelancers and shows per client what the care really earns.

Updated:

What comes up for social media agencies

Many retainers in parallel

20 clients with a monthly contract mean 20 invoices on the same day. Price changes and pauses come on top.

Ad budget and freelancers

Clients release an ad budget, freelancers deliver graphics or video. Both run through you and have to be assigned to a client.

Campaigns on top

A launch, a giveaway, a creator deployment: jobs outside the retainer need a quote, a deposit and a final invoice.

How Saldiqo helps

  • Recurring invoices per clientSaldiqo creates retainers on a fixed date. If you change a package, you adjust the series.
  • Re-invoice with receiptsYou record ad budgets and freelancer invoices as expenses with the client’s cost centre and re-invoice them as a line.
  • Cost centre per clientThe report shows income, costs and result per client.
  • Campaigns with a depositQuote, deposit invoice and final invoice for one-off jobs.

Typical invoice lines

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

  • Social media care, November, three channels
  • Community management, 20 hours
  • Creator campaign, concept and management
  • Re-invoiced ad budget as per receipt
  • Freelancer video editing, passed through
  • Monthly report and strategy call

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

Can I bill many retainers at once?

Yes. A recurring invoice per client creates each invoice on a fixed date.

How do I see which client pays off?

With cost centres per client. Income, ad budget and freelancer costs then appear in one report.

Do social media agencies 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 social media agencies 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 social media agencies 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.