Mississippi compliance baked into the template
- Sales tax: 7.00% state rate. Generally exempts most services. State 7%; very few local additions. Restaurants/lodging 9-10%.
- Late fees: Up to 1.5% per month under Miss. Code §75-17-1. Default 8%/yr; contract rates up to 10%/yr or Fed discount + 5%.
Caterer invoice fields
- Per-guest food cost — guest
- Service staff hours — hour, default $35
- Equipment rental — itemized
- Service charge — % of subtotal — pct, default $18
State
MS
Avg invoice
$3,800
Net terms
14 days
Deposit
50%