Terms (or Payment Terms): Invoice terms depend on common practices of your industry, your relationship with the customer, and your cash flow needs. For example, “Net 30” means that the invoice is due 30 days after the Invoice Date. Be mindful some businesses may pay later than the stated due date, so you may want to include a buffer to keep your business free from a cash flow gap.
We will use the featured sample invoice template to illustrate what to include in an invoice. We'll also cover what the best practices are so you know how to make your invoice look professional, save time, and get paid faster.