Need opinion on invoicing

This query is : Resolved

Arjun Sahu (Querist)
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26 November 2014 Hi Sir,

I have to mention the payment term & Condition, Interest rate in my Invoice.

What should be the better way to mention it in my invoice to get paid soon.

Thanks
Arjun

Amol S Joglekar

Amol S Joglekar (Expert)
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26 November 2014 Now a days, a cash incentive is offered if the payment is made within a stipulated period. Beyond that..say upto 30 days, interest at the rate of 12% p.a. will be charged. Beyond 30 days interest at the rate of 18% will be charged