1. Arkansas-specific invoice requirements
- Sales tax line: 6.50% state rate. Most services rendered in Arkansas are exempt from sales tax — but materials, parts, and tangible goods are not. State 6.5%; combined often 9-11%.
- Late-fee cap: Arkansas statute Ark. Const. art. 19, §13 caps interest on unpaid invoices at 1.5% per month. Spell out the rate in writing on every invoice and in your contract — courts won't enforce undisclosed fees.
- Right-to-cancel notice: Customers in Arkansas get 72-hour cancellation rights on certain home-services contracts. Disclose this in your terms.
2. Financial Advisor line items + standard terms
Every financial advisor invoice in Arkansas should itemize work clearly. Standard financial advisors use Net 30 terms with no deposit required.
- Plan preparation flat fee — billed by flat.
- Hourly advisory — billed by hour (~$295 default).
- AUM fee — annual % — billed by pct (~$1 default).
- Tax-prep coordination — billed by flat.
3. Financial Advisor licensing in Arkansas
Series 65 / 66 + state RIA registration required for fee-only advisors. CFP / CFA designations are industry-standard.
4. Send and follow up
Send the invoice the same day work completes. Use software that records open events and offers a one-click online payment so you don't need to chase a check by mail. Arkansas customers expect digital payment options today — accepting card and ACH typically reduces days-to-paid by 30–50%.
Average invoice
$3,500
State
AR
Net terms
30 days
Deposit
0%
Arkansas metro guides
Metro-specific guides include the combined sales-tax rate and local pricing benchmarks.