Overview

cycle billing


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The method sometimes adopted in large organizations for invoicing their customers at different time intervals. Often using the alphabet as a basis, customers starting with the letter A may be invoiced on the first day, B on the second day, and so on. This method has the advantage of spreading the work load in the organization and ensuring a steady inflow of cash – providing that there are many customers with comparable accounts.

Subjects: Accounting.


Reference entries

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