Kentucky compliance baked into the template
- Sales tax: 6.00% state rate. Applies to services rendered. Recently expanded to many services (2023 reforms). Uniform 6%, no local.
- Late fees: Up to 1.5% per month under Ky. Rev. Stat. §360.010. Legal rate 8%/yr; contract rates up to 19%/yr or 4% over Fed discount.
Carpenter invoice fields
- Labor — hour, default $75
- Lumber & materials — itemized
- Finish hardware — itemized
State
KY
Avg invoice
$2,400
Net terms
14 days
Deposit
25%