Business glossary
Self-billing
An arrangement in which the customer prepares an invoice on behalf of the supplier under agreed rules.
Example
Under an agreed self-billing arrangement, a customer prepares the supplier's invoice using the agreed transaction details. Both parties need a clear process to prevent the supplier also issuing a duplicate invoice.
How it differs from related terms
Self-billing is different from a buyer's ordinary internal expense record. The arrangement and any tax-invoice conditions depend on the jurisdiction. Confirm who issues documents and how corrections are handled.
Frequently asked questions
What is an example of self billing?
Under an agreed self-billing arrangement, a customer prepares the supplier's invoice using the agreed transaction details. Both parties need a clear process to prevent the supplier also issuing a duplicate invoice.
How should self billing be interpreted?
Self-billing is different from a buyer's ordinary internal expense record. The arrangement and any tax-invoice conditions depend on the jurisdiction. Confirm who issues documents and how corrections are handled.