Accounts Payable Question:
Download Questions PDF

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

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.

Download Accounts Payable Interview Questions And Answers PDF

Previous QuestionNext Question
What steps would you take before approving an invoice for payment?What is credit from the banks point of view?