Invoice Payment Terms

Spell out when you expect to be paid — net 30, due on receipt, and late-fee language you can paste into any invoice.

What are invoice payment terms?

Payment terms tell the client when payment is due and any conditions (early-pay discounts, late fees, accepted methods). Putting them on every invoice reduces back-and-forth.

Common terms explained

• Due on receipt — payable immediately when the invoice is received.
• Net 7 / Net 15 / Net 30 / Net 60 — full payment due that many days after the invoice date.
• 2/10 Net 30 — 2% discount if paid within 10 days; otherwise net 30.
• End of month (EOM) — due by month-end (or EOM + a stated number of days).

Copy-paste term templates

Payment due within 30 days of invoice date (Net 30).
Please pay via ACH or check. Include invoice number on the remittance.

Payment is due upon receipt of this invoice.
Accepted methods: bank transfer, credit card, or check.

Payment due within 15 days of invoice date (Net 15).
Unpaid balances after the due date may incur a late fee of 1.5% per month (or the maximum allowed by law).

A 50% deposit is due to begin work. The remaining balance is due Net 15 after delivery / project completion.

Tips

1. Match the due date field on your invoice to the written terms (invoice date + 30 for Net 30).
2. Include how to pay in the same notes block.
3. Sending a proposal first? Use the estimate & quote template.

Need the blank form? Printable invoice template · How to make an invoice

FAQ

Last updated: October 16, 2026