How to Invoice as a Management Consultant in Lafayette, IN

Invoicing guide for management consultants in Lafayette: 7% IN sales tax, 1.5%/mo late-fee cap, plus IN licensing and contractor rules.

Combined sales tax
7%
Late fee cap
1.5%/mo
Net terms
30 days
Deposit
33%
Create your first invoice freeSee pricing

1. Lafayette-specific tax handling

  • State sales tax: 7%. Local jurisdictions in Lafayette may add their own rate — verify with your local tax assessor.
  • Late fees: IN statute Ind. Code §24-4.6-1-101 caps interest on unpaid invoices at 1.5% per month.

2. Standard management consultant line items

  • Project fee — billed by flat.
  • Hourly billing — billed by hour (~$295 default).
  • Daily rate — billed by day (~$2400 default).
  • Travel pass-through — billed by itemized.

3. Payment terms that work in Lafayette

Net 30 is standard for management consultants. Most management consultants in competitive markets like Lafayette require a 33% deposit upfront before scheduling work. Accept card and ACH on the invoice itself — Lafayette customers expect a one-click payment link in their inbox.

4. Licensing & disclosures

No license required for general management consulting. State CPA / PE rules apply if you sign opinions or stamp work.

Metro
Lafayette
State
IN
Net terms
30 days
Deposit
33%

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