Invoice Template with Payment Terms

Providing clear information in an invoice helps customers understand what they owe and how they should pay it. In fact, 71% of freelancers have had difficulties getting paid for their services. An invoice is a professional document that records details of services provided and collects payment.

In addition to recording sales transactions, an invoice can also be used to record deposits or advance payments made by customers. Typically, an invoice includes details such as the customer's name, address, items or services purchased, quantity, prices, taxes, discounts, and total amount due for payment.

Knowing how to create and manage an invoice properly can help businesses ensure they receive payment for services promptly. It is an essential part of the invoicing process, allowing businesses to track their income and expenses effectively.

Additional Notes

This invoice outlines the terms of service and payment terms. Payments are due 30 days after the invoice has been issued. Please note that late payments may incur a penalty fee.

Total Amount Due

The total amount due from the customer is $ 'amount', after tax.

Tax Rate

A tax rate of 'tax rate'% has been applied to the subtotal.

Subtotal

The subtotal for this invoice is $ 'subtotal'.

Line Items

* 'Item 1': 'Description' x 'Quantity' = $ 'Price'

* 'Item 2': 'Description' x 'Quantity' = $ 'Price'

* ...and so on

Dates

This invoice was issued on 'date of issue'. Payment is due on 'due date'.

Invoice Number

The unique invoice number for this transaction is INV001-001.

Customer Details

Bill To: 'Customer Name', 'Customer Address', 'Customer Contact Information'

Company Details

'Company Logo'

'Company Name', 'Company Address', Phone: 'Phone Number'

Title and Description

Project Title: 'Project Title'

Description: This invoice represents the work completed for 'client name' on 'project start date' to 'project end date'.

Invoice template with payment terms