Work out an invoice due date from the issue date and your payment terms — Net 15, 30, 45 or a custom number of days.
Frequently asked
What does Net 30 mean?
Payment is due 30 days after the invoice date. Net 15 is 15 days, Net 45 is 45. For MSME suppliers, the statutory maximum before interest accrues is 45 days.
What payment terms should freelancers use?
Net 15 to Net 30 is standard for freelancers. Shorter terms and a stated late fee (or MSMED interest) measurably improve on-time payment.
Retainer sets the due date on every invoice and chases it automatically with reminders as it approaches and passes. Try Retainer free