Accountancy, asked by anvarjuneja786, 7 months ago

CONTRACTION Billing ​

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Answered by santoshyadav27
1

Answer:

Contraction & billing

The Contracting & Billing business process is based upon information contained in the Customer agreements. Contracts are administered to ensure the terms and conditions of the agreements are not violated and the fees and penalties are properly assessed, managed and invoiced. Fees and penalties require information from a variety of sources, such as ship discharge reports, daily send-out allocations, and customer inventory.

Contracts and Billing requires information from various sources including Customer Contracts, Customer Inventory, Shipping Coordination, Customer / Utilities Invoices, and Nominations and Allocations. The primary destination of information generated by Contract and Billing is a Customer Invoice.

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