Payment terms determine when you get paid. Choose the wrong terms and you'll be chasing money for weeks. Here's everything you need to know.
| Term | Meaning | Best For |
|---|---|---|
| Due on Receipt | Pay immediately when received | Small jobs, new clients |
| Net 7 | Due within 7 days | Small projects |
| Net 15 | Due within 15 days | Freelance default |
| Net 30 | Due within 30 days | B2B businesses |
| PIA | Payment in Advance | New clients, large jobs |
| 50% Deposit | 50% upfront, 50% on end | Large projects |
Net 30 means the total is due within 30 calendar days of the invoice date. Example: an invoice dated March 1 with Net 30 is due by March 31.
Net 15 is the recommended default for freelancers. It is short enough to maintain cash flow, but reasonable enough for clients to process.
On ai-invoicemaker.com, add terms in the Notes field or set the due date directly.