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Professional services billing involves invoicing customers for services rendered by professionals such as lawyers, consultants, accountants, etc.
Professionals providing services for a fee are required to file professional services billing.
Professional services billing should include details of the services provided, the rates, the total amount due, and any other relevant information.
The purpose of professional services billing is to receive payment for services rendered and to track and manage revenue.
Information such as the service provided, the fees charged, any discounts applied, payment terms, and contact information must be reported on professional services billing.
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