Free Template

Invoice Payment Terms Template for Efficient Billing

Our free invoice payment terms template is designed to simplify your billing process while ensuring you receive timely payments. This professional template allows you to clearly outline payment terms, making it easier for clients to understand their obligations. With a clean and organized layout, you can enhance your business image and improve cash flow. Don't miss out on this opportunity to elevate your invoicing. Download your free invoice payment terms template today and start managing your payments more effectively!

What to include on your invoice payment terms template

Australian tax invoices need these fields — our generator adds them automatically.

✓ Your business name, address, and ABN (if registered)
✓ Client name and billing address
✓ Unique invoice number and issue date
✓ Clear description of invoice payment terms services or products
✓ Line-item quantities, rates, and subtotal
✓ GST amount shown separately (if GST-registered)
✓ Total amount due and payment terms
✓ Payment details — BSB/account or payment link

How to use this invoice payment terms template

✓ Open the free invoice generator below — fields pre-match a standard invoice payment terms template
✓ Enter your business details and ABN once; they save for future invoices
✓ Add client information and line items for the work completed
✓ Review GST calculation and payment terms
✓ Download PDF or email the invoice directly to your client

Download in your format

Need Word, Excel, PDF, or Google Sheets? Use our free format templates — or create online and download PDF instantly.

PDF

Instant PDF download from our online generator

Microsoft Word

Editable .docx template with GST fields

Excel

Spreadsheet with automatic totals and GST

Google Sheets

Cloud spreadsheet — formulas built in

Google Docs

Edit online and export to PDF

FAQs about invoice payment terms template

Is this invoice payment terms template really free?

Yes. InvoiceSonic's invoice payment terms template is free to create and download as PDF. You can send invoices to clients without a paid account. Pro features add unlimited invoices, recurring billing, and custom branding.

Does the invoice payment terms template include GST and ABN fields?

Yes. Australian templates include ABN, GST breakdown, and "Tax Invoice" wording when applicable. Fields adapt for sole traders and registered companies.

Can I edit the invoice payment terms template after downloading?

PDF downloads are final snapshots. Create a free account to save templates, duplicate past invoices, and edit line items anytime before sending.

What formats are available besides PDF?

This page focuses on the invoice payment terms template. We also offer Word, Excel, and Google Docs templates — use the format links below or create a live invoice in the generator.

Create your invoice payment terms template now

Free PDF download. ABN and GST fields included. No credit card required. Prefer to start from scratch? Use our invoice maker.

Start free — create invoice