Invoicing and payment terms
Getting your payment terms and conditions for invoice right can be key to a healthy cashflow. You need to ensure your customers understand how much they need to pay and when they must settle up. They are more likely to pay you on time if these terms are clearly set out in writing from the start.
This guide outlines the information you are required by law to include in an invoice and what terms and conditions it should cover. See information that invoices must contain.
It also explains how to pitch payment terms to customers as well as some of the commonly used invoice payment terms.