InvoiceBerry Tips for for Freelancers & Small Businesses 11 Invoicing Terms for Your Business | Page 7

4. Interest Invoice
An interest invoice is an invoice sent after a customer is late on
payment. The invoice is created with only the interest listed and
will include:
• the time period
• the month or months of missed payment
• the interest on those missed payments
Charging a customer interest and creating an interest invoice,
however, is a sensitive issue.