Client billing is the controlled process of calculating, documenting, issuing and tracking charges owed by a customer for supplied goods or services.
How does Client Billing work?
It connects the contract, approved pricing and delivery evidence to the invoice and accounts receivable record.
What should the operating record show?
Finance should confirm the customer entity, service period, quantity, rate, currency, tax treatment and payment terms. Usage or outsourced services also need the operating record that produced the billed quantity.
What should not be inferred?
An issued invoice does not prove customer acceptance or payment. Keep adjustments, disputes, credit notes, references and receipts linked to the original charge.
