How do I set payment terms in an invoice?
An example of an AI chatbot conversation about setting payment terms in an invoice.
How do I set payment terms in an invoice?
To set payment terms in an invoice, you can specify the due date and any early payment discounts or late fees.
What are common payment terms I should consider?
Common payment terms include Net 30, Net 60, and 2/10 Net 30, which means payment is due in 30 or 60 days, with discounts for early payment.
How do I communicate these terms to my clients?
You can include the payment terms clearly on the invoice, and also discuss them during contract negotiations.
Can I change payment terms after sending the invoice?
Yes, you can amend payment terms, but it's best to communicate any changes to your client and get their agreement.
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