Texas compliance baked into the template
- Sales tax: 6.25% state rate. Generally exempts most services. Most labor exempt; tangible goods and certain services taxable. Combined max 8.25%.
- Late fees: Up to 1.5% per month under Tex. Bus. & Com. Code §2.207; Tex. Fin. Code §302.002. Up to 18%/yr commercial when stated in writing. Default 6%/yr otherwise.
Management Consultant invoice fields
- Project fee — flat
- Hourly billing — hour, default $295
- Daily rate — day, default $2400
- Travel pass-through — itemized
State
TX
Avg invoice
$7,500
Net terms
30 days
Deposit
33%