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.
"Invoice": This indicates the purpose of the commercial document and should be placed near the top of the page. Name of your business: Format in bold and place at the top of the page. Include your company logo for a branded look.