Billing Practices

Billing practices refer to the procedures and policies a company uses to generate, send, and manage invoices for goods or services provided. This includes details like itemized charges, payment terms, due dates, and methods of payment. Clear billing practices ensure customers understand what they owe, when payment is due, and how to pay. Good practices also involve timely invoicing, accurate charges, transparency, and handling disputes professionally. Overall, they help maintain trust and smooth financial transactions between businesses and their customers.