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Billing is the documentary aspect of the work done, through which payments can be made to the person involved in the contract and responsible to complete the work. Imperfect Billing can cause considerable losses to the contractor or the client. Hence, bills should be perfect and self explanatory at any stage of the work. Bills from the work sites are to be prepared on a standard printed format. All information in this format should be correctly incorporated to avoid confusion while checking.
Every organization should maintain certain procedural systems, methods and norms for preparing bills and forwarding them through the right channels for payments to the client and contractor.
Bills are generally prepared by the client , contractor , sub-contractor and different vendors for their payment and for proper execution of the works at the sites