New Mexico compliance baked into the template
- Sales tax: 4.88% state rate. Applies to services rendered. GRT (gross receipts tax) 4.875% applies broadly including services.
- Late fees: Up to 1.5% per month under N.M. Stat. §56-8-3. Default 8.75%/yr; contract rates allowed.
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
NM
Avg invoice
$3,800
Net terms
14 days
Deposit
50%