The billing system in which the invoice is prepared after goods have been shipped and the sales order notification has been matched to shipping's billing notification is called a(n):
A) post-billing system
B) open-item system
C) pre-billing system
D) balance-forward system

Question

Quizplus · Accepted Answer

A post-billing system is a billing system in which the invoice is prepared after the goods have been shipped and the sales order notification has been matched to shipping's billing notification. This means that the billing is done after the transaction has taken place, as opposed to a pre-billing system where the invoice is prepared before the goods are shipped. Therefore, option A is the correct answer.

The Billing System in Which the Invoice Is Prepared After