Payment Period

Common Paper Professional Services Agreement terms: Payment Period

Mark Frantz avatar
Written by Mark Frantz
Updated over a week ago

Payment Period is a variable that appears in the Professional Services Agreement Cover Page, in the SOW section. This section is for your agreements' key business terms.

How to fill this out

How much time does your customer have to pay your invoices?

Default: 30 days from the customer’s receipt of invoice. Some people call this “NET-30” terms.

If payment is based on custom parameters, such as completion of certain milestones, select Customer Payment Period and fill in the specific details.

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