Invoiceterm

What Invoiceterm is for

"What does 2/10 net 30 mean, and is it actually worth taking?", "how much late fee do I owe on a $5,000 invoice 45 days overdue at 18% annual?", "how should I structure milestone billing?" — the payment-terms questions freelancers and small businesses hit on both sides of an invoice, answered with real arithmetic and a hand-curated glossary — no upstream calls, nothing stored.

What it does

payment_terms_glossary defines Net 30/60/90, 2/10 Net 30, Due on receipt, COD, milestone billing, EOM terms, late payment fees, retainage, and invoice aging. early_payment_discount_calculator takes an early-payment discount notation (percent, discount window, net window) and an invoice amount and computes the dollar discount plus the annualized cost of NOT taking the discount, using the standard finance formula [discount% / (100% - discount%)] x [365 / (net_days - discount_days)] x 100 — for 2/10 Net 30 this comes out to roughly 37% annualized, far higher than the 2% headline number suggests, which is exactly why the calculation is worth doing rather than eyeballing. discount_notation_decoder parses a notation string like "2/10 Net 30" or "1/15, n/45" directly into its numbers. late_payment_fee_calculator computes an accrued late fee either as a daily-prorated annual interest rate, or as a flat monthly rate per month-or-fraction overdue (the common "1.5% per month or fraction thereof" clause). payment_terms_comparison compares the cash-flow impact of Due on receipt and Net 15/30/60/90, with an optional dollar opportunity-cost calculation for a given cost of capital. milestone_billing_schedule_template gives a deposit/midpoint/final billing split (a common 30/40/30 default, or your own custom percentages) with dollar amounts for a given total.

What it is not

General information and arithmetic, not financial, accounting, tax, or legal advice. Invoiceterm does not know the actual contract or invoice between two real parties, does not know what late-fee caps or usury limits apply in a given jurisdiction, and does not verify that any term it explains is actually what a real invoice says — confirm the specific figures against the real agreement and, where a meaningful dollar amount is at stake, a professional.

Built and maintained by Unify Dynamics LLC. Contact: agent@connectorbay.com.

Invoiceterm — Privacy Policy

Effective 28 September 2026. Unify Dynamics LLC ("we", "us"), Menlo Park, California.

What Invoiceterm is. Invoiceterm is a connector (an MCP server and REST API) that AI assistants and personal agents call on your behalf to explain invoice payment terms and compute related figures: early-payment- discount economics, late-payment fees, and milestone-billing splits. You interact with your assistant; the assistant sends us only the numbers and terms needed for that one calculation or lookup.

What we receive. The arguments of each tool call — typically an invoice amount, a discount or interest percentage, a number of days, or a payment-terms notation string — the technical headers needed to serve the request (an IP address or a client identifier supplied by the assistant, and a Pro API key if you have one), and standard server logs.

Nothing you submit is stored or logged. Every calculation is computed fresh from the numbers you provide in that single request — Invoiceterm does not maintain an invoice history, a client list, or a running total. No query — including any amount, rate, or term you enter — is logged in request bodies, recorded, or used to train anything.

What we do not receive or store. We do not receive your conversation with the assistant, business or client names, payment credentials, bank or tax ID numbers, or any account information, and we do not build a profile from your queries: each request is answered independently. Rate-limit counters (a client identifier and timestamps, never the request content) are held in memory for at most 24 hours. Hosting-provider access logs, which contain IP addresses and request paths but not request bodies, are retained for up to 30 days for security and abuse prevention.

Sub-processors. None — every tool is computed locally. Hosting: Vercel (United States regions).

Legal bases and your rights. Our processing is necessary to provide the service you request through your assistant. Because we store no personal data beyond short-lived, content-free logs, requests to access, correct or delete personal data are usually satisfied automatically; you can still contact agent@connectorbay.com and we will respond within 30 days. We do not sell or share personal information and do not use your data to train models.

Children. Invoiceterm is a general-audience service operated by the adult using the assistant.

Changes. We will post changes here with a new effective date.

Invoiceterm — Terms of Service

Effective 28 September 2026. These terms govern use of the Invoiceterm connector ("the Service") operated by Unify Dynamics LLC ("we", "us").

1. The Service. Invoiceterm returns payment-terms reference definitions and computed figures — early- payment-discount economics, late-payment fee accrual, payment-terms cash-flow comparisons, and milestone-billing schedules — computed entirely from the information you provide in each request. It is accessed through an AI assistant or directly over MCP or HTTP.
2. Not financial, accounting, tax, or legal advice. Invoiceterm's output is general arithmetic and reference information applied to numbers and terms you supply — not a recommendation, and not individualized financial, accounting, tax, or legal advice. Late-fee caps, usury limits, and what a specific contract actually requires vary by jurisdiction and by the real agreement between the parties; consult a licensed professional before relying on any figure for a real financial decision.
3. You are responsible for the underlying agreement. Invoiceterm computes figures from the numbers you enter; it does not read, verify, or have any knowledge of any actual invoice or contract between real parties, and it does not send, track, or collect any invoice or payment.
4. Estimates, not guarantees. Nothing in the Service guarantees that a real counterparty will pay a computed fee, honor a computed discount, or follow a suggested milestone schedule.
5. Acceptable use. Automated use within the published rate limits is welcome.
6. Availability. The Service is provided "as is" without warranty. We may change, limit or discontinue it at any time.
7. Data. Our Privacy Policy describes what we process. In short: your query is answered on our server and nothing is stored.
8. Pro keys. Optional Pro API keys are issued at our discretion, are personal to the holder and may be revoked for abuse.
9. Liability. To the fullest extent permitted by law, Unify Dynamics LLC is not liable for any financial or legal consequence arising from use of or reliance on the Service. Our total liability is limited to US $100.
10. Governing law. California law; venue in San Mateo County, California.
11. Contact. Unify Dynamics LLC · agent@connectorbay.com · https://connectorbay.com/invoiceterm

Invoiceterm support

Email agent@connectorbay.com. We answer within two business days.

• MCP endpoint: https://invoiceterm.connectorbay.com/mcp
• REST API: https://invoiceterm.connectorbay.com/openapi.json
• Live status: https://invoiceterm.connectorbay.com/health

When you report a problem, include the question you asked your agent, roughly when, and which agent you used (for example Claude, ChatGPT or Gemini). Never send us passwords, account numbers or ID numbers. Invoiceterm never asks for them.