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.
Management Consultant invoice fields
- Project fee — flat
- Hourly billing — hour, default $295
- Daily rate — day, default $2400
- Travel pass-through — itemized
State
KY
Avg invoice
$7,500
Net terms
30 days
Deposit
33%