What is the difference between Retail Billing and Wholesale Billing?

1.	What is the difference between Retail Billing and Wholesale Billing?
Answer» 1. Retail billing deals with an end customer and billing an individual customer, Whereas wholesale billing deals in the billing of the entities depending on situation and nature of business. 2. Wholesale billing is easy in comparison to retail billing. 3. Retail billing needs to be 100% accurate whereas wholesale billing can never be 100% accurate because of various reasons like difference in price etc. 4. There are specialized billing systems which are being used to handle retail billing like Convergys and Amdocs billing systems whereas ASCADE and INTEC billing system are famous for wholesale billing. 5. Wholesale billing can also be settled using retail billing system whereas retail billing cannot be handles using wholesale billing system.

Answer»

1. Retail billing deals with an end customer and billing an individual customer, Whereas wholesale billing deals in the billing of the entities depending on situation and nature of business.

2. Wholesale billing is easy in comparison to retail billing.

3. Retail billing needs to be 100% accurate whereas wholesale billing can never be 100% accurate because of various reasons like difference in price etc.

4. There are specialized billing systems which are being used to handle retail billing like Convergys and Amdocs billing systems whereas ASCADE and INTEC billing system are famous for wholesale billing.

5. Wholesale billing can also be settled using retail billing system whereas retail billing cannot be handles using wholesale billing system.

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