Personal Accounts Question:
Explain 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.
Non-billable expenses are the expenses incurred by you for carry out your own business / duties and responsibilities.
Previous Question | Next Question |
Explain what is the difference between Consignor and Consignee? | What are the important sources of personal accounts? |