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Payment Terms Generator

Configure your payment terms and get professional contract language and invoice notes ready to copy.

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Payment schedule

Late fee policy

Accepted payment methods

Contract clause

## Payment Terms Payment is due within 14 days of the invoice date. All invoices must be settled within 14 calendar days of the invoice date. Payment is accepted via: Bank transfer (ACH/BACS), Credit card. Invoices not paid by the due date will incur a late payment fee of 1.5% per month on the outstanding balance, calculated from the due date until payment is received. [Client name] agrees to these payment terms as a condition of engagement with [Your name/company].

Invoice payment note

Payment is due within 14 days of the invoice date. Invoices not paid by the due date will incur a late payment fee of 1.5% per month on the outstanding balance, calculated from the due date until payment is received. Payment is accepted via: Bank transfer (ACH/BACS), Credit card.

Add this to the notes/footer section of your invoice

πŸ’‘ Pro tips

  • β€’ Net 14 is better than Net 30 for most freelancers β€” clients pay on the due date you set
  • β€’ Always discuss payment terms before starting work, not just on the invoice
  • β€’ A late fee clause improves on-time payment even if you never charge it
  • β€’ Automated follow-up is more effective than late fees for actually collecting

What happens when Net 14 passes and they still haven't paid?

Chaser sends automatic follow-ups β€” day 1, day 7, day 14, day 30 β€” escalating in firmness. You set it once and forget it.

Try Chaser free β†’