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Billing vs Accounting - What's the difference?

billing | accounting |

As verbs the difference between billing and accounting

is that billing is present participle of lang=en while accounting is present participle of lang=en.

As nouns the difference between billing and accounting

is that billing is amounts billed while accounting is the development and use of a system for recording and analyzing the financial transactions and financial status of a business or other organization.

billing

English

Verb

(head)
  • Noun

    (en noun)
  • Amounts billed
  • Accounts receivable
  • accounting

    English

    Verb

    (head)
  • Noun

    (wikipedia accounting) (-)
  • (accounting) The development and use of a system for recording and analyzing the financial transactions and financial status of a business or other organization.
  • A relaying of events; justification of actions.
  • He was required to give a thorough accounting of his time.

    Derived terms

    * creative accounting