Accounts Payable Question:

What is the difference between billable and non-billable expenses?

Accounts Payable Interview Question
Accounts Payable Interview Question

Answer:

Billable expenses are the expenses incurred by you on behalf of your customer in performing duties / service and supply. These expenses are recoverable from your customer by way of billing.

Non-billable expenses are the expenses incurred by you for carry out your own business / duties and responsibilities.


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