Question:
What is the difference between Billable and Non-Billable Expenses?
Answer:
Billable expense would be in example billing your airfare to go to a company convention to your employer for reimbursement. Non-billable expenses would be the pay-per-view movies you charged in your hotel room while you were on that stay. You accumulated those expenses on your own account and was not necessary to your job. Source: CoolInterview.com
Billable expense would be in example billing your airfare to go to a company convention to your employer for reimbursement. Non-billable expenses would be the pay-per-view movies you charged in your hotel room while you were on that stay. You accumulated those expenses on your own account and was not necessary to your job.
Source: CoolInterview.com
Answered by: lucky | Date: 10/25/2009
| Contact lucky
Billable expenses are those expenses incurred which can be claimed as reimbursement from the clients while non billable are our own out of pocket expense. Source: CoolInterview.com
Answered by: Ashish Nahata | Date: 8/12/2010
| Contact Ashish Nahata
If you have the better answer, then send it to us. We will display your answer after the approval.
Rules to Post Answers in CoolInterview.com:-
- There should not be any Spelling Mistakes.
- There should not be any Gramatical Errors.
- Answers must not contain any bad words.
- Answers should not be the repeat of same answer, already approved.
- Answer should be complete in itself.
|