What Is Billback?
An invoice charging a client for expenses originally paid by your business on their behalf.
Detailed Explanation
Common in professional services and logistics where costs like travel or materials are advanced. The billback should reference original receipts for transparency.
Example
A law firm sends a billback invoice for airfare and hotel costs incurred during a client's litigation.
Why It Matters
Ensures pass-through costs are recovered without eroding margins.
Related Resources
Related Invoice Types Terms
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