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