What are good invoice payment terms?

Good terms state an exact due date or clear payment period, accepted methods, the payment reference, and any agreed deposit or milestone schedule.

What does Net 30 mean?

Net 30 generally means payment is due 30 calendar days after the invoice date, but an exact due date is clearer for clients.

Can I charge a late-payment fee?

Only use a late-payment rule that was agreed and is lawful where you operate. State the rate, trigger, and calculation clearly and seek professional advice when unsure.

How to Write Clear Payment Terms for an Invoice or Quote

Write practical payment terms covering due dates, deposits, milestones, accepted methods, late payment and disputes without confusing your client.

What this guide covers

Choose an exact due date or clearly defined payment period
Match deposits and milestones to the actual work
State payment methods, references and lawful late-payment rules