What is the difference between Gross Billed and Net Billed?

Gross Billed in Core refers to the full amount billed on an invoice prior to applying any discounts, retainers, or retainage. Net Billed refers to the full amount billed on the invoice after applying (or subtracting) the discounts, retainers, and retainage.

Was this article helpful?
0 out of 0 found this helpful