Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is Resource Related Billing?

billing Resource
0
Posted

What is Resource Related Billing?

0

Resource related billing is expense based invoicing to sponsors for work done according to an agreement. The costs are extracted from the grant or contract by expense category and recorded on an invoice form. There are two types of Resource Related Billings: letter of credit and non-letter of credit.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.