Along with the payment terms, you can specify whether you charge a late fee for invoices paid past their due dates. Some freelancers like this option, to enforce getting paid on time. You may also want to include your tax ID number in this area for tax purposes.
Creating a professional freelance invoice is vital to the success of your business. If you sent your client paper receipts and scribbled notes, they would not be as likely to pay you on time and would probably question the you run your business. Take the stress out of getting paid by using a free template or an invoicing system to track your work and start getting paid on time.