You can also add your preferred payment method here, whether it’s cheque, cash, bank transfer, PayPal, or credit card. These penalties can include late fees or additional charges. It’s important to clearly state the consequences of either party breaking this agreement. The standard payment terms can vary by industry, your company’s policy, or previous history with the customer. The terms and conditions of payment on an invoice is the part most frequently overlooked. Terms, Conditions and Payment Instructions. ![]() The invoice generator will calculate the total balance due from the line items you entered in boxes six and seven. We recommend listing these taxes and fees as separate line items, as some companies use different internal budgets to cover these fees. Next, add any tax, shipping and handling, or extra fees that apply to the goods or services provided. In box six, you should include separate line items for each good or service you are providing.
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