Youtor
What is an Underbilling
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=QFmGSjVahYg
Underbilling occurs when a contractor bills a client for less work than was actually completed during a billing period, often due to delays in paperwork or underestimating the progress. This results in the contractor not receiving payment for all the work performed, leading to a temporary shortfall in cash flow. It is recorded as a current asset on the balance sheet, reflecting the amount the contractor expects to bill and collect in the future. • To know more about surety bonds, please visit https://axcess-surety.com/ • #suretybond #surety #performancebond #sdi #constructionbonds #project #construction #insurance #underbilling
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