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Find out how to send offers, manage collaborations and payments.
What fee does Reedsy charge?
Reedsy charges both professionals and clients a 10% fee on a completed collaboration (plus a standard 2.9% processing fee on payments). For example, if you send a quote for $1,000 Reedsy will take $100 from your payout and your client will be paying $1,100 in total. In the event of a dispute, the Reedsy fee is non-refundable. Does Reedsy offer discounts on collaborations? Yes! discounts are now automatically applied! The following rates will apply: $0 – $5,000 > 10% $5,001 – $10,000 >
How can I update my payment schedule?
You can update your offer at any point using amendments. You can amend your offer after you have sent a quote and even after you started working on the project. Once you make updates, a client will receive a notification asking to approve the changes — and you’ll be all set! How do I amend my payment schedule? Go to your Requests and navigate to the relevant request; Click “Manage” next to the quote you would like to amend; Scroll to the end of
How can I cancel a collaboration?
In the event you and your client no longer wish to collaborate, it's possible to close the collaboration. There are 2 scenarios: You're within the free cancelation window. Your client can cancel the collaboration and won't be charged. You're outside of the free cancelation window. You can cancel the collaboration after agreeing with the client, who will be required to pay you a 20% cancelation fee. Cancelation window Reedsy’s cancelation policies differ depending on the len
How can I structure my fees?
The Reedsy system allows you to customize your payment schedule, depending on how you want to structure your payments. If you’d like to charge a flat fee for the project, just set a date and the full amount as you’re putting together your quote. Add an upfront payment by selecting the percentage you’d like to be paid upfront. Then if you need to split the payment up into installments, just select how many you would like. This will break down the remaining amount into equal parts and stagger th
What is Stripe and how do I set it up?
Reedsy uses Stripe for secure payment transactions. Stripe works like an escrow system and simplifies the payment process by automatically redistributing amounts to you and Reedsy. That is to say, you don’t have to withdraw funds deposited into your Stripe account — funds will automatically be moved into your bank account once payments clear. When your account has been set up, there is no further interaction needed on your end. You will be paid on the dates set out in your payment schedule and
My client just accepted my offer. What happens now?
Fantastic news! Now it's time to get going. 🚀 You will be notified via email as soon as your offer has been accepted. As soon as your collaboration starts, you will be able to use our collaborative tools to manage your payments, exchange messages and share files. A copy of the contract will be made available on the My Collaborations page.
Where can I find invoices and tax receipts?
Everything you need to know about taxes and receipts. Payment receipts for your services can be found in the “Payment” section of each collaboration. You can update your billing address and tax (VAT) information in Account Settings. All receipts for our Reedsy service fee can be found on your Finances(https://reedsy
How can my client post a review for me?
At the end of every collaboration, your client will be encouraged to leave a review, which involves a star rating and a comment. All your reviews will appear at the bottom of your profile. You’re able to respond to any review by going to your profile and writing a message below it.
How do I refund my clients?
Do you need to fully or partially refund the fees to your client? Find out how. If you have to refund a client’s payment partially or in full, follow these simple steps: go to your “Account settings” and click “Payment” in the upper right corner. You will see that your Stripe account is successfully connected and you will be able to launch Stripe. Once you
My client's payment was declined
In order for your collaboration to start, your client must add a valid payment method. Sometimes, the payment might fail due to the bank blocking the payment or insufficient funds on the card. When this happens, our Support team contacts the client to help resolve the issue. We would of course keep you updated.
How am I protected?
How does contracting work on Reedsy?
To protect both clients and professionals, Reedsy provides you with an automated contract that details the important terms of your collaboration. We call these our Mandatory Terms and any collaboration that you enter into over Reedsy is governed by them. You can attach additional terms to your collaboration if necessary that will be displayed when your client receives the offer. These are called “Special Terms” and are an addition to our “Mandatory Terms”. Clie
If a client cancels the collaboration, will I be compensated?
The client wants to cancel the collaboration. You might be eligible for compensation. This depends on when the client cancels. If the client cancels a project outside of the cancelation period stated below, they will incur a 20% fee paid to you, unless agreed otherwise. You will not be compensated if the collaboration is canceled within the free cancelation period. !(https://storage.crisp.chat/users/helpdesk/website/8582e868-5611-4536-8897-51c0c51cc840/1d2353d7-9591-4955-92dc-70230541