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Internal Billing
Document Overview:
The Internal Billing (IB) document is used to bill for repetitive goods or services provided by one
university department to another university department, reflecting
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What is internal billing?
Internal billing is the process of charging one department or cost center within a company for goods or services provided by another department.
Who is required to file internal billing?
Any department or cost center within a company that provides goods or services to another department or cost center is required to file internal billing.
How to fill out internal billing?
Internal billing is typically filled out using a standard billing form that includes details of the goods or services provided, the cost, and the department or cost center being billed.
What is the purpose of internal billing?
The purpose of internal billing is to accurately allocate costs and expenses within a company, ensuring that each department or cost center is held accountable for the resources it uses.
What information must be reported on internal billing?
Internal billing must include details of the goods or services provided, the cost of those goods or services, and the department or cost center being billed.
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