Billing is the process of creating and sending invoices to customers for goods or services provided. It typically includes details such as the items purchased, their prices, taxes, and the total amount due. Businesses use billing to track sales and ensure they receive payment for their products or services. In many cases, billing is managed through software systems that automate the invoicing process. This can help reduce errors and save time. Customers usually have a set period to pay their bills, and late payments may incur additional fees. Proper billing practices are essential for maintaining healthy cash flow in any business.