Common payment terms
- Due on receipt: payable immediately, common for small jobs and consumers
- Net 7 / Net 15: due within 7 or 15 days, good for freelancers and small businesses
- Net 30: due within 30 days, the standard for business-to-business invoices
- Net 45 / Net 60: longer terms some large companies insist on
- 2/10 Net 30: a 2% discount if paid within 10 days, otherwise the full amount in 30
Which terms should you use?
Shorter terms improve your cash flow. If your clients are individuals or small businesses, Net 7 or Net 15 is usually accepted without discussion. Large companies often have fixed payment cycles of 30 to 60 days; agree on terms before you start the work.
Whatever you choose, show both the terms and the actual due date on the invoice. In the generator above, pick the terms and the due date is calculated for you.
Frequently asked questions
Does Net 30 include weekends?
Yes. Net terms count calendar days, starting from the invoice date.
Can I charge a late fee?
If you agreed on it in advance, yes. State it in the terms, for example "1.5% per month on overdue balances", and check your state's legal limits.
Is InvoiceCrisp really free?
Yes. You can create and download unlimited invoices, estimates and receipts for free, with no sign-up. The free version uses the Classic template and adds a small "Created with InvoiceCrisp" line at the bottom. Pro removes it and adds more templates, saved clients and history.