New York compliance baked into the template
- Sales tax: 4.00% state rate. Applies to services rendered. Many services taxable (info, parking, repair). Combined 8-8.875%.
- Late fees: Up to 2% per month under NY Gen. Oblig. Law §5-501. Civil usury cap 16%/yr (1.33%/mo); construction Prompt Pay allows 1%/mo.
- Written contract: Required for jobs over $500. The template includes a signature block and scope-of-work field.
Management Consultant invoice fields
- Project fee — flat
- Hourly billing — hour, default $295
- Daily rate — day, default $2400
- Travel pass-through — itemized
State
NY
Avg invoice
$7,500
Net terms
30 days
Deposit
33%