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.
Painter invoice fields
- Surface prep — hour, default $65
- Painting labor — hour, default $85
- Paint & materials — itemized
State
NM
Avg invoice
$1,850
Net terms
7 days
Deposit
25%