1. North Dakota-specific invoice requirements
- Sales tax line: 5.00% state rate. Most services rendered in North Dakota are exempt from sales tax β but materials, parts, and tangible goods are not. State 5%; combined typically 6-8.5%.
- Late-fee cap: North Dakota statute N.D. Cent. Code Β§47-14-05 caps interest on unpaid invoices at 1.5% per month. Spell out the rate in writing on every invoice and in your contract β courts won't enforce undisclosed fees.
- Right-to-cancel notice: Customers in North Dakota 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 North Dakota should itemize work clearly. Standard financial advisors use Net 30 terms with no deposit required.
- Plan preparation flat fee β billed by flat.
- Hourly advisory β billed by hour (~$295 default).
- AUM fee β annual % β billed by pct (~$1 default).
- Tax-prep coordination β billed by flat.
3. Financial Advisor licensing in North Dakota
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. North Dakota customers expect digital payment options today β accepting card and ACH typically reduces days-to-paid by 30β50%.
North Dakota metro guides
Metro-specific guides include the combined sales-tax rate and local pricing benchmarks.