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.
Graphic Designer invoice fields
- Design fee — hour, default $75
- Project deposit — percent
- Stock assets — passthrough
- Revisions (over scope) — hour, default $65
State
NM
Avg invoice
$1,420
Net terms
14 days
Deposit
50%