{"id":12091,"date":"2024-12-24T10:35:03","date_gmt":"2024-12-24T15:35:03","guid":{"rendered":"https:\/\/www.sage.com\/en-ca\/blog\/?p=12091"},"modified":"2025-08-05T08:41:19","modified_gmt":"2025-08-05T12:41:19","slug":"invoice-payment-terms","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-ca\/blog\/invoice-payment-terms\/","title":{"rendered":"Invoice payment terms explained: How to get paid faster and avoid delays\u00a0"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-ca\/blog\/category\/strategy-legal-operations\/\" class=\"entry-header__link\">Strategy, Legal &amp; Operations<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tInvoice payment terms explained: How to get paid faster and avoid delays \t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \">Published <time class=\"entry-date published\" datetime=\"2024-12-24T10:35:03-05:00\">December 24, 2024<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"Invoice payment terms explained: How to get paid faster and avoid delays\u00a0\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-ca\/blog\/invoice-payment-terms\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-ca\/blog\/author\/ryangrundy\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2023\/02\/Ryan-Grundy.jpg\" class=\"entry-author__image\" alt=\"\" \/>\t\t\t\t<span class=\"entry-author__name\">Ryan Grundy<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Understanding invoice payment terms is essential for smooth transactions and a steady cash flow. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Setting clear payment expectations not only helps you get paid on time but also reduces misunderstandings and fosters trust with clients.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this guide, we\u2019ll cover everything from standard payment terms to practical tips for tailoring them to your business needs\u2014so you can keep your finances organized and your clients happy.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-key-takeaways-on-payment-terms-nbsp\"><strong>Key takeaways on payment terms<\/strong>&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>They outline when and how clients should pay, including due dates, accepted methods, and discounts or late fees.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>When clear and well-structured, they support timely payments, reduce misunderstandings, and improve cash flow.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Choose terms that align with your business\u2019s cash flow needs, industry standards, and each client\u2019s payment history.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Automated invoicing software can simplify creating, tracking, and managing payment terms, helping reduce manual errors and keeping payments on schedule.&nbsp;<\/li>\n<\/ul>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Free cash flow forecast template<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p class=\"\">Gain cash flow clarity with our free  forecast template.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-e009f96e-d67e-4625-ad4c-c5d3b403ae4e\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download now<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2023\/02\/GettyImages-1279589946-1440x810.jpg\" class=\"single-cta__image\" alt=\"woman on laptop\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2023\/02\/GettyImages-1279589946-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-here-s-what-we-ll-cover\"><strong>Here\u2019s what <\/strong>we&#8217;ll cover<\/h3>\n\n\n<?xml encoding=\"utf-8\" ?><div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><ul><li><a href=\"#h-what-are-payment-terms-on-an-invoice-nbsp\" data-level=\"2\">What are payment terms on an invoice? &nbsp;<\/a><\/li><li><a href=\"#h-why-your-business-needs-the-right-invoice-payment-terms-nbsp\" data-level=\"2\">Why your business needs the right invoice payment terms &nbsp;<\/a><\/li><li><a href=\"#h-23-types-of-invoice-payment-terms-every-business-should-know-nbsp\" data-level=\"2\">23 types of invoice payment terms every business should know &nbsp;<\/a><\/li><li><a href=\"#h-when-to-create-or-update-invoice-payment-terms-nbsp\" data-level=\"2\">When to create or update invoice payment terms &nbsp;<\/a><\/li><li><a href=\"#h-how-to-choose-the-best-invoice-payment-terms-and-conditions-nbsp\" data-level=\"2\">How to choose the best invoice payment terms and conditions &nbsp;<\/a><\/li><li><a href=\"#h-how-to-write-payment-terms-on-an-invoice-nbsp\" data-level=\"2\">How to write payment terms on an invoice &nbsp;<\/a><\/li><li><a href=\"#h-example-of-payment-terms-on-an-invoice-nbsp\" data-level=\"2\">Example of payment terms on an invoice &nbsp;<\/a><\/li><li><a href=\"#h-common-challenges-with-invoice-payment-terms-nbsp\" data-level=\"2\">Common challenges with invoice payment terms &nbsp;<\/a><\/li><li><a href=\"#h-10-best-practices-for-handling-your-invoice-payment-terms-nbsp\" data-level=\"2\">10 best practices for handling your invoice payment terms &nbsp;<\/a><\/li><li><a href=\"#h-manage-your-invoice-payment-terms-with-automated-accounting-software-nbsp\" data-level=\"2\">Manage your invoice payment terms with automated accounting software &nbsp;<\/a><\/li><li><a href=\"#h-invoice-payment-terms-faqs-nbsp\" data-level=\"2\">Invoice payment terms FAQs &nbsp;<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-payment-terms-on-an-invoice-nbsp\"><strong>What are payment terms on an invoice?<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">What do payment terms mean on an <a href=\"https:\/\/www.sage.com\/en-ca\/blog\/free-invoice-templates-simple\/\" target=\"_blank\" rel=\"noreferrer noopener\">invoice<\/a>? <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Payment terms on an invoice tell your clients when and how they should pay for the products or services you\u2019ve provided. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Think of these terms as the guidelines that set clear expectations on both sides, outlining when payment is due based on the invoice or delivery date.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Typically, payment terms will cover the payment deadline, accepted methods, early payment discounts, and any fees for late payments. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By adding clear terms to your invoices, you\u2019re helping your clients understand exactly how and when to settle up, which can make payments smoother and support a steady cash flow for your business.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-your-business-needs-the-right-invoice-payment-terms-nbsp\"><strong>Why your business needs the right invoice payment terms<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Choosing the right payment terms for your invoices gives your business a solid financial foundation. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When your payment terms are clear and well-structured, you can better anticipate cash flow, plan for expenses like taxes, and set the stage for growth.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Setting clear payment terms helps to avoid misunderstandings and reduce the risk of late payments\u2014your clients know exactly when and how to pay. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This clarity also helps build trust, fostering stronger, longer-term business relationships with your clients.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For B2B transactions, particularly when terms are often more complex, well thought-out terms provide the flexibility and transparency needed to keep everything running smoothly.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-23-types-of-invoice-payment-terms-every-business-should-know-nbsp\"><strong>23 types of invoice payment terms every business should know<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Here are the most common invoice payment terms, along with their abbreviations and meanings, to help you set clear payment expectations on your next invoice:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-cash-in-advance-cia-nbsp\"><strong>1. Cash In Advance (CIA)<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Your client pays the total amount before you start any work or deliver goods. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This term is handy for high-risk transactions or when you need a commitment upfront.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-cash-before-shipment-cbs-nbsp\"><strong>2. Cash Before Shipment (CBS)<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Like CAD, but specifically for goods being shipped. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Your client pays in full or part before you send their order, giving you peace of mind before items leave your hands.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-cash-on-delivery-cod-nbsp\"><strong>3. Cash On Delivery (COD)<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Payment happens when goods or services are delivered. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This method\u2014often called \u201cpayment on receipt\u201d\u2014works well for quick, on-the-spot payments.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-4-cash-with-order-cwo-nbsp-nbsp\"><strong>4. Cash With Order (CWO)&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Clients pay when they place their order. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is common for custom or high-value items where production or delivery only starts after receiving payment.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-5-end-of-month-eom-nbsp-nbsp\"><strong>5. End Of Month (EOM)&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Payment is due by the last day of the month when the invoice was issued. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s a straightforward term that keeps things on a predictable monthly schedule.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-6-payment-in-advance-pia-nbsp-nbsp\"><strong>6. Payment In Advance (PIA)&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Covers any payment made before you start the work. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This could be a full payment or just a deposit to cover initial costs.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-7-prompt-payment-discount-ppd-nbsp-nbsp\"><strong>7. Prompt Payment Discount (PPD)&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Encourages faster payments. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For instance, giving a 2% discount if clients pay within 10 days shows appreciation for early payment.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-8-cash-against-documents-cad-nbsp-nbsp\"><strong>8. Cash Against Documents (CAD)&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Typically used in international trade, it requires the buyer to pay in full before accessing essential shipping documents, ensuring security in overseas transactions.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-9-month-following-invoice-mfi-nbsp-nbsp\"><strong>9. Month Following Invoice (MFI)&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Payment is due the month after the invoice date, usually on the 15th or end of the month. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This gives your client a bit more time to arrange payment.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-10-net-7-10-30-60-90-nbsp-nbsp\"><strong>10. Net 7\/10\/30\/60\/90&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">These \u201cNet\u201d terms specify the number of days clients have to pay after the invoice date, such as Net 30 or Net 60. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It gives flexibility based on your relationship with the client.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-11-1-10-net-30-nbsp-nbsp\"><strong>11. 1% 10 Net 30&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This term offers a 1% discount if the client pays within 10 days; otherwise, the full amount is due in 30 days. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s a helpful way to encourage prompt payment without being too restrictive.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-12-interest-invoice-nbsp-nbsp\"><strong>12. Interest invoice&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">An interest invoice adds any extra charges for overdue payments. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Issued separately, it\u2019s a helpful nudge for clients to stay on track with future payments.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-13-early-payment-nbsp-nbsp\"><strong>13. Early payment&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Offering early payment terms lets you reward clients who settle their invoices before the due date, typically with a small discount to improve cash flow.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-14-contra-payment-nbsp-nbsp\"><strong>14. Contra payment&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A contra-payment offsets the payment with the value of your client\u2019s goods or services. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is common when there\u2019s an exchange of services between two businesses.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-15-terms-of-sale-tos-nbsp-nbsp\"><strong>15. Terms of Sale (TOS)&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This spells out the key details of your transaction, like delivery dates, payment due dates, and any late fees, making sure everyone knows what to expect.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-16-payment-plan-details-nbsp-nbsp\"><strong>16. Payment plan details&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This term breaks down how and when payments are made, like weekly or monthly instalments. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s ideal for longer projects or services spread out over time.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-17-payment-method-nbsp-nbsp\"><strong>17. Payment method&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Specifies how clients can pay, such as bank transfer, credit card, or cheque. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Giving a few options can make it easier for clients to meet deadlines.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-18-shortened-payment-period-nbsp-nbsp\"><strong>18. Shortened payment period&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Shortening the payment period reduces the time clients have to pay, often used when businesses want to adjust their cash flow or tighten credit terms.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-19-upfront-payment-nbsp-nbsp\"><strong>19. Upfront payment&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Payment is required before any work begins. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It can be a flat rate or a percentage of the total invoice, providing funding for initial expenses.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-20-overdue-fees-nbsp-nbsp\"><strong> 20. Overdue fees&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Overdue fees apply if payment isn\u2019t made by the due date. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These fees can be a percentage or a flat rate charged periodically to encourage timely payments.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-21-net-monthly-account-nbsp-nbsp\"><strong>21. Net monthly account&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This term means payment is due at the end of the month following the one in which the invoice was sent. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s common in industries with recurring monthly services.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-22-letter-of-credit-nbsp-nbsp\"><strong>22. Letter of credit&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A bank-backed promise often used in international deals. It assures payment to the seller as soon as the goods are shipped.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-23-bill-of-exchange-nbsp-nbsp\"><strong>23. Bill of exchange&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A written agreement to pay a set amount on a future date. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Often backed by a bank, it ensures payment in larger transactions.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-when-to-create-or-update-invoice-payment-terms-nbsp\"><strong>When to create or update invoice payment terms<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Clear and well-structured payment terms are essential for smooth invoicing and a healthy cash flow. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Setting terms that align with your sales cycle and financial goals encourages timely payments and reduces misunderstandings.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ideally, establish your payment terms during contract discussions and include them on every invoice. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Update them as needed if your payment process changes to ensure clients always know what\u2019s expected, helping you maintain prompt and reliable payments.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using <a href=\"https:\/\/www.sage.com\/en-ca\/accounting-software\/accounts-receivable\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>accounts receivable<\/strong><\/a> and <a href=\"https:\/\/www.sage.com\/en-ca\/accounting-software\/accounts-payable\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>accounts payable<\/strong><\/a> software can simplify this process, allowing you to easily create invoices and track any changes. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Whether you\u2019re setting up or updating a customer invoice or managing invoices from suppliers and vendors, you can handle it all within a single, unified platform.&nbsp;<\/p>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Free cash flow forecast template<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p class=\"\">Gain cash flow clarity with our free  forecast template.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-e009f96e-d67e-4625-ad4c-c5d3b403ae4e\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download now<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2023\/02\/GettyImages-1279589946-1440x810.jpg\" class=\"single-cta__image\" alt=\"woman on laptop\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2023\/02\/GettyImages-1279589946-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-choose-the-best-invoice-payment-terms-and-conditions-nbsp\"><strong>How to choose the best invoice payment terms and conditions<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Setting the right payment terms can provide a strong foundation for your business, helping you maintain cash flow and build trust with clients. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here are some key factors to consider when choosing the best invoice payment terms for your needs:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-monitor-your-cash-flow-needs-nbsp\"><strong>Monitor your cash flow needs<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If your cash flow dips at certain times, you might want to set terms that encourage quicker payments. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Options like upfront payments, deposits, or instalments can help keep money coming in when you need it most. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For instance, consider requesting 50% upfront or partial payments at set milestones to stabilize cash flow throughout a project.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-consider-industry-standards-nbsp\"><strong>Consider industry standards<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Each industry has common payment expectations, which clients are often familiar with. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Researching what\u2019s standard in your field can help you set terms that clients understand and trust.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, while instalments are typical for event planning or construction projects, other services, like consultations, may call for payment on delivery.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-review-client-payment-history-nbsp\"><strong>Review client payment history<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Adjusting payment terms based on your client\u2019s payment record can help you manage risk. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If a client has a history of paying late, you might consider stricter terms like asking for upfront payments or cash on delivery. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On the other hand, reliable clients with timely or even early payments could be offered more flexible terms or small discounts to reward their consistency.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-include-late-fees-and-interest-terms-nbsp\"><strong>Include late fees and interest terms<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Late fees and interest charges are effective motivators and can be invaluable if you ever need to enforce your terms legally. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To protect your business, include these details in any contract and ensure they\u2019re clear on your invoice. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This way, clients understand the consequences of late payments from the start.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-determine-the-right-terms-based-on-invoice-size-nbsp\"><strong>Determine the right terms based on invoice size<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">For larger invoices or long-term projects, consider asking for a deposit or setting a payment schedule to manage financial risk. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This approach can help your business cover upfront costs and avoid potential issues with delayed payments on high-value work.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-write-payment-terms-on-an-invoice-nbsp\"><strong>How to write payment terms on an invoice<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Clear payment terms on your invoice help clients know exactly how and when to pay, making the payment process smoother for everyone. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Always start by ensuring <a href=\"https:\/\/www.sage.com\/en-ca\/blog\/invoice-cheat-sheet\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>your invoice includes all essential details,<\/strong><\/a> as this lays the foundation for a professional, easy-to-understand document.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here are some steps to follow when writing payment terms that set clear expectations:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-state-the-payment-due-date\"><strong>State the payment due date<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"> Always include a specific due date to avoid any confusion. For example, instead of just \u201cNet 30,\u201d you could write \u201cPayment due on 30th June 2024.\u201d&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-list-accepted-payment-methods\"><strong>List accepted payment methods<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Make it as easy as possible for clients by listing all accepted payment options\u2014like bank transfer, credit card, or cheque\u2014so they can choose the most convenient method.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-specify-deposits-or-upfront-payments\"><strong>Specify deposits or upfront payments<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If the work requires a deposit or initial payment, clearly state this amount and when it\u2019s due. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This helps avoid delays by letting clients know what\u2019s needed to start the project.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-outline-payment-plans\"><strong>Outline payment plans<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">For larger or ongoing projects, break down payments into instalments with specific due dates. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This keeps things organized and helps clients budget for each stage.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-add-contact-information-for-any-questions\"><strong>Add contact information for any questions<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Include a contact for billing questions or disputes so clients know exactly who to contact if they have questions about the payment.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-example-of-payment-terms-on-an-invoice-nbsp\"><strong>Example of payment terms on an invoice<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">To see how to effectively help set client expectations, here\u2019s a look at some payment terms examples on an invoice. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This sample includes a Net 30 term, indicating payment is due 30 days from the invoice date. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It also specifies a late fee policy, encouraging clients to pay on time.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Adding well-defined, visible, and easy-to-read payment terms ensures clients know exactly when payment is expected and any consequences for late payments. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This clarity is key to helping you get paid promptly.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-common-challenges-with-invoice-payment-terms-nbsp\"><strong>Common challenges with invoice payment terms<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Even with well-defined terms, invoicing comes with some common challenges that can impact your business:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-misunderstandings\"><strong>Misunderstandings<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If details like due dates or late fees aren\u2019t clearly outlined, it can cause confusion or disputes, ultimately slowing down the payment process.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-late-and-missed-payments\"><strong>Late and missed payments<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Flexible terms, such as end-of-month or net payment terms, can increase the risk of late or missed payments, leading to cash flow and revenue issues.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-losing-customers\"><strong>Losing customers<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">While flexible payment terms can pose a risk for your business, requiring upfront payment may discourage some clients from working with you, especially for new relationships.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-managing-and-tracking-invoices\"><strong>Managing and tracking invoices<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">With multiple clients and varied payment terms, keeping invoices organized and tracking payments can be challenging. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Without a streamlined system, this can lead to delays and cash flow issues.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-10-best-practices-for-handling-your-invoice-payment-terms-nbsp\"><strong>10 best practices for handling your invoice payment terms<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Developing the right payment terms for your business and your clients can make invoicing smoother and improve cash flow. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here are some best practices to help you establish and manage your invoice agreement:&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-understand-your-customer-s-needs-nbsp\"><strong>1. Understand your customer\u2019s needs<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The more you understand your customers\u2019 cash flow, payment capabilities, and financial stability, the better you can tailor terms that work for both sides.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Learning about their payment habits can help you create terms that encourage on-time payments without putting undue pressure on your clients.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-offer-flexible-payment-options-nbsp\"><strong>2. Offer flexible payment options<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Offering a range of payment methods\u2014such as bank transfer, credit card, or online payment\u2014makes it easier for clients to settle invoices. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The more convenient you make it, the more likely clients will pay on time.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-incentivise-early-payments-nbsp\"><strong>3. Incentivise early payments<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Encourage clients to pay sooner by offering a small discount for early payments, such as a\u202f\u201c2% discount if paid within 10 days.\u201d <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This can improve your cash flow and foster goodwill with clients.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-4-add-late-fees-nbsp\"><strong>4. Add late fees<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Late fees can motivate clients to pay on time and help cover any costs you incur due to payment delays. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Specify the late fee terms in your invoices, like \u201cA 1.5% late fee applies to overdue balances,\u201d to ensure clients know the consequences of paying late.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-5-shorten-payment-terms-if-needed-nbsp\"><strong>5. Shorten payment terms if needed<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re facing cash flow challenges, consider shortening payment terms. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, switching from Net 60 to Net 30 can help reduce the delay between work completion and payment.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-6-use-polite-and-professional-language-nbsp\"><strong>6. Use polite and professional language<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Maintaining a friendly, professional tone on invoices encourages positive client relationships. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Use polite language, such as \u201cThank you for your prompt payment,\u201d and avoid overly harsh terms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This balance keeps the focus on collaboration while encouraging timely payments.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-7-invoice-as-soon-as-possible-nbsp\"><strong>7. Invoice as soon as possible<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Send invoices promptly after completing work. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sending an invoice on the same day the job is done keeps your work fresh in the client\u2019s mind and makes payment feel more immediate.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-8-track-and-follow-up-on-payments-nbsp\"><strong>8. Track and follow up on payments<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Set up a system to track payments and send reminders if a due date approaches without payment. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For regular late-payers, a reminder a week before the due date can gently nudge them to pay on time.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-9-make-payment-terms-easy-to-understand-nbsp\"><strong>9. Make payment terms easy to understand<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Use clear and simple language when describing payment terms. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Avoid industry jargon, and instead, use plain English for terms like \u201cNet 30\u201d or \u201cDue by 30th June 2024.\u201d <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Simple, direct language makes it easy for clients to know what\u2019s expected.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-10-be-open-to-compromise-nbsp\"><strong>10. Be open to compromise<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Sometimes, a little flexibility can help secure a client. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, if you offer Net 15 terms but a reliable client requests Net 30, meeting them halfway may help you build a long-term relationship without straining your cash flow. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Knowing how to <a href=\"https:\/\/www.sage.com\/en-ca\/blog\/negotiate-payment-terms\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>negotiate payment terms<\/strong><\/a> effectively can help you find solutions that work for both parties.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-manage-your-invoice-payment-terms-with-automated-accounting-software-nbsp\"><strong>Manage your invoice payment terms with automated accounting software<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Automated invoicing and <a href=\"https:\/\/www.sage.com\/en-ca\/accounting-software\/\" target=\"_blank\" rel=\"noreferrer noopener\">accounting software<\/a> makes it easy to customise, track, and manage payment terms, so you can keep cash flow healthy and payments on time\u2014all with minimal effort.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With automated <a href=\"https:\/\/www.sage.com\/en-ca\/accounting-software\/invoicing\/\" target=\"_blank\" rel=\"noreferrer noopener\">invoicing software<\/a>, you can quickly generate and send invoices, set up customized payment terms, and automate calculations for due dates, early payment discounts, and late fees.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This reduces the chance of manual errors, simplifies workflows, and helps ensure timely, accurate payments.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Automated software also lets you track invoices in real time from any device, giving you complete visibility into payment statuses wherever you are. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Need to remind customers about an approaching due date? You can schedule automatic reminders to help reduce late payments.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ready to simplify your invoicing process with powerful automation and in-built integrations? <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Explore our online <a href=\"https:\/\/www.sage.com\/en-ca\/accounting-software\/invoicing\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>invoicing software<\/strong><\/a> to see how it can help you manage payment terms more effectively.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-invoice-payment-terms-faqs-nbsp\"><strong>Invoice payment terms FAQs<\/strong>&nbsp;<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-are-payment-terms-nbsp\"><strong>What are payment terms?<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In B2B transactions, payment terms outline the agreed-upon conditions for how and when customers must make an invoice payment for goods or services. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They typically include the payment due date, accepted payment methods, and details like early payment discounts or late fees for overdue balances.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Clear payment terms help set expectations, reduce misunderstandings, and support timely payments\u2014creating a smoother transaction process and keeping cash flow steady.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-are-the-standard-payment-terms-on-an-invoice-nbsp\"><strong>What are the standard payment terms on an invoice?<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Standard payment terms are the typical timeframes businesses set for clients to pay invoices, though they can vary depending on industry, location, and company policy.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the UK, a 30-day payment term from the invoice date is common, giving clients a month to settle the bill. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, certain industries may expect shorter or longer terms\u2014for example, construction often uses 60- or 90-day terms.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-can-i-offer-different-payment-terms-for-different-clients-nbsp\"><strong>Can I offer different payment terms for different clients?<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, you can tailor payment terms to meet the needs of individual clients. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For trusted, long-term clients, you might offer extended payment periods, while new or late-paying clients may require shorter terms or an upfront deposit.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Customising payment terms helps you manage cash flow effectively while building strong client relationships\u2014make sure to communicate any specific terms in writing to avoid misunderstandings clearly.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-can-i-change-the-payment-terms-after-sending-an-invoice-nbsp\"><strong>Can I change the payment terms after sending an invoice?<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Changing payment terms after an invoice is sent can lead to confusion, so it\u2019s best to finalize terms beforehand. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If a change is necessary, communicate with your client promptly, explain the reason, and confirm the new terms in writing.&nbsp;&nbsp;<\/p>\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Subscribe to the Sage Advice Newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p class=\"cta-content__title\">Get a roundup of our best business advice in your inbox every month.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-8949a954-88b2-43bb-8b8a-77c53eb34350\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Subscribe<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2022\/04\/GettyImages-1073797282-1440x810.jpg\" class=\"single-cta__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2022\/04\/GettyImages-1073797282-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n<section class=\"more-topics alignfull has-grey-light-background-color wp-block-sage-post-topics\">\n\t<div class=\"container\">\n\t\t<div class=\"row\">\n\t\t\t<div class=\"col col-12 col-lg-4\">\n\t\t\t\t<h3 class=\"more-topics__title h2\">Browse more topics from this article<\/h3>\n\t\t\t<\/div>\n\t\t\t<div class=\"col col-12 col-lg-8\">\n\t\t\t\t<ul class=\"post-tags__list\">\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-ca\/blog\/tag\/accounting-101\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tAccounting 101\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-ca\/blog\/tag\/business-intelligence\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tbusiness intelligence\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-ca\/blog\/tag\/business-strategy\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tbusiness strategy\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-ca\/blog\/tag\/payment-processing\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tpayment processing\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-ca\/blog\/tag\/pricing\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tpricing\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-ca\/blog\/tag\/profit-and-loss\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tprofit and loss\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n<div class=\"alignfull wp-block-sage-related-posts\">\n\t<section class=\"related-posts card-grid has-dark-background-color\">\n\t<div class=\"container\">\n\t\t\t\t\t<div class=\"row\">\n\t\t\t\t<div class=\"col\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--featured h1\">Explore more wisdom<\/h2>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"row related-posts__featured\">\n\t\t\t\t<div class=\"col card-grid__item\">\n\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-0 post-14816 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-accounting-101 tag-business-finances tag-expenses tag-financial-insights tag-profit-and-loss tag-small-business tag-tax business_type-small-business business_type-medium-business industry-healthcare card-post--is-clickable\"\n>\n\t<div class=\"card-post__media-wrapper\">\n\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2022\/04\/GettyImages-1285289807-1440x810.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2022\/04\/GettyImages-1285289807-684x384.jpg 684w, https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2022\/04\/GettyImages-1285289807-768x432.jpg 768w, https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2022\/04\/GettyImages-1285289807-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\t<\/div>\n\n\t<div class=\"card-post__content\">\n\t\t\t\t\t<div class=\"card-post__label\">Recommended<\/div>\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-07-20T06:21:32-04:00\">July 20, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">18 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h3\">\n\t\t\t\t\t\t\t<a\n\t\t\t\t\tclass=\"card-post__title-link\"\n\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-ca\/blog\/guide-to-dental-practice-accounting\/\"\n\t\t\t\t>\n\t\t\t\n\t\t\tDental practice accounting: A complete guide\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/p>\n\n\t\t\n\t\t\t\t\t<p class=\"card-post__description\">\n\t\t\t\tUnderstanding dental practice accounting helps your practice run smoothly and profitably, so you can spend less time on the books and more time on patient care.\t\t\t<\/p>\n\t\t\n\t\t\t<\/div>\n\n\t<\/article>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\n\t\t\t\t\t<div class=\"row related-posts__non-featured\">\n\t\t\t\t<div class=\"col col-12\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--more h4\">More on this Topic<\/h2>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-1 post-14812 post type-post status-publish format-standard has-post-thumbnail hentry category-business-process category-growth-customers category-money-matters tag-accounting-101 tag-business-finances tag-change-management tag-international-trade tag-inventory-management tag-sales-management tag-supply-chain-management business_type-small-business business_type-medium-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-ca\/blog\/sales-order-management\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2025\/11\/saas-revenue-recognition-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2025\/11\/saas-revenue-recognition-684x384.jpg 684w, https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2025\/11\/saas-revenue-recognition-768x512.jpg 768w, https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2025\/11\/saas-revenue-recognition.jpg 1200w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-07-17T13:25:22-04:00\">July 17, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">11 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tWhat is sales order management?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-2 post-14809 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters category-strategy-legal-operations tag-business-management tag-business-strategy tag-compliance tag-investments business_type-small-business business_type-medium-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-ca\/blog\/family-office-governance\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2025\/08\/Mar2025_Financial-Family-office_0746-684x384.jpeg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2025\/08\/Mar2025_Financial-Family-office_0746-684x384.jpeg 684w, https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2025\/08\/Mar2025_Financial-Family-office_0746-768x512.jpeg 768w, https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2025\/08\/Mar2025_Financial-Family-office_0746-1214x810.jpeg 1214w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-07-17T10:51:02-04:00\">July 17, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">9 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tWhat is family office governance and why does it matter?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-3 post-14804 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters category-strategy-legal-operations tag-accounting-101 tag-business-finances tag-business-management tag-business-strategy tag-cash-flow tag-cfo tag-financial-insights tag-making-financial-decisions tag-nonprofit business_type-small-business business_type-medium-business industry-nonprofit\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-ca\/blog\/how-to-create-a-church-budget\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2025\/08\/Mar2025_NFP-Human-Services-shelter_0264-684x384.jpeg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2025\/08\/Mar2025_NFP-Human-Services-shelter_0264-684x384.jpeg 684w, https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2025\/08\/Mar2025_NFP-Human-Services-shelter_0264-768x512.jpeg 768w, https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2025\/08\/Mar2025_NFP-Human-Services-shelter_0264-1214x810.jpeg 1214w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-07-17T09:31:53-04:00\">July 17, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">10 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tHow to create a church budget\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-4 post-14800 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters category-strategy-legal-operations tag-accounting-101 tag-business-finances tag-investments business_type-small-business business_type-medium-business industry-financial-services\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-ca\/blog\/what-percent-of-your-portfolio-should-be-cash\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2024\/03\/Sage_BrandShootNC_Feb2024_HR-Professionals_2126-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2024\/03\/Sage_BrandShootNC_Feb2024_HR-Professionals_2126-684x384.jpg 684w, https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2024\/03\/Sage_BrandShootNC_Feb2024_HR-Professionals_2126-768x512.jpg 768w, https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2024\/03\/Sage_BrandShootNC_Feb2024_HR-Professionals_2126-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-07-17T07:08:02-04:00\">July 17, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">13 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tWhat percentage of your portfolio should be cash?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Learn how to use invoice payment terms to get paid faster and avoid delays. Discover common examples and tips for setting clear payment expectations. <\/p>\n","protected":false},"author":1398,"featured_media":10039,"menu_order":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"sage_hide_published_date":false,"sage_hide_read_time":false,"sage_hide_share_buttons":false,"_pwl_sage_podcast_buzzsprout_src":"","footnotes":""},"categories":[16,11],"tags":[162,167,169,197,201,202],"business_type":[3,99],"lilypad":[],"context":[],"industry":[],"persona":[100,83],"imagine_tag":[35,49,54,67],"coauthors":[313],"class_list":["post-12091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-growth-customers","category-strategy-legal-operations","tag-accounting-101","tag-business-intelligence","tag-business-strategy","tag-payment-processing","tag-pricing","tag-profit-and-loss","business_type-small-business","business_type-medium-business"],"sage_meta":{"region":"en-ca","author_name":"Ryan Grundy","featured_image":"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2023\/09\/GettyImages-595348199_super.jpg","imagine_tags":{"35":"accounting software","49":"growing business","54":"Medium Businesses","67":"Small business"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice Canada English","distributor_original_site_url":"https:\/\/www.sage.com\/en-ca\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/posts\/12091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/users\/1398"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/comments?post=12091"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/posts\/12091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/media\/10039"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/media?parent=12091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/categories?post=12091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/tags?post=12091"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/business_type?post=12091"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/lilypad?post=12091"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/context?post=12091"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/industry?post=12091"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/persona?post=12091"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/imagine_tag?post=12091"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/coauthors?post=12091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}