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Bill Customer
The process of generating and sending invoices to customers for goods or services provided.
Implications
The process of invoicing a customer for products or services provided, ensuring that the company receives payment in a timely manner.
Example
Example: A software company bills customers annually for their subscription services, sending invoices at the start of each billing cycle.
Related Terms
Different from cash sales, where payment is received immediately, billing customers often involves a delay between the delivery of services and payment.
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