Billing

Billing is the process of invoicing customers for products or services provided. It involves creating a detailed statement that lists what was purchased, the cost, and payment terms. Billing ensures that businesses receive proper payment for their offerings and helps maintain financial records. It can be done manually or through automated systems, and often includes methods such as invoices, bills, or electronic statements. Clear billing helps prevent misunderstandings, ensures timely payments, and supports overall financial management for both the business and customer.