Billing Format Options Features and Functions
Billing Format Options: There are any number of billing types required by customers. This question identifies three. Time and material billing is a very basic billing type that aggregates costs and bills them to the customer. There is no fixed fee. If a contractor works for either the government or department of defense, these entities require very specific reporting and billing formats.
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- Time and material: price per unit
- Time and material: markup over cost
- Defense contractor: supports invoice formats
- Defense contractor: progress reporting
- Government contractor: supports invoice formats
- Government contractor: progress reporting
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Job Invoicing Features and Functions
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