Agree the scope and payment terms in writing before you start, get it signed, then convert the same contract into an invoice. Track each contract through recovery stages so late payers get the right follow-up.
QUICK ANSWERA simple service contract should state the parties, scope of work and deliverables, timeline, fees and payment schedule (advance, milestones, final), late-payment interest or fee, cancellation terms, ownership of work and dispute jurisdiction, with signatures of both parties. This tool gives an editable template, prints it with the fee table, and converts it into an invoice when billing is due.
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Prices are approximate starting prices seen on public pricing pages and app listings in 2026 and change often; check each provider for current plans. Product names belong to their owners. FastFee is not affiliated with them. Paid tools often include features this free tool does not, such as accounting, GST filing or multi-user sync.
How to use the Service Contract + Invoice Maker
STEP 1
Add business details
Name, address, GSTIN, state and UPI ID are saved once and printed on every document.
STEP 2
Fill the service agreement
Pick a saved customer or type a new one, add items (saved items auto-fill rate and tax).
STEP 3
Preview and save
Check the preview, save it to your register and print or save as PDF.
STEP 4
Convert to the next step
Convert to invoice in one click, with no retyping.
Frequently asked questions
Is a contract signed on paper or PDF valid?
A contract signed by both parties is enforceable under the Indian Contract Act. E-signatures under the IT Act are also valid for most commercial contracts. Stamp duty may apply depending on the state and contract type.
Can I charge interest on late payment?
Yes, if agreed in the contract. For MSME-registered suppliers, the MSMED Act provides for compound interest at three times the bank rate on payments delayed beyond 45 days to buyers.
Is this tool free? Do I need to sign up?
Yes, it is completely free with no login and no limit on entries. Signing up for a free FastFee account is optional and adds sync across devices, team access, automatic reminders and online payment collection.
Where is my data stored?
Only in your browser on this device (local storage). Nothing is uploaded to FastFee. Clearing browser data deletes it, so export a CSV or PDF backup regularly.