1.

Write the difference between Retail and Wholesale Billing.

Answer»

The difference between Retail and Wholesale Billing are as follows: 

I. Retail billing deals with end customers and billing an individual customer where as whole sale billing deals with the entities depending on situations and nature of business. 

II. Retail billing always needs to be 100% accurate, where as wholesale billing can never be 100% accurate because of various reasons. 

III. There are specialized billing system which we use to handle retail billing like Convergys, Amdocs billing where as ASCADE and INTEC billing system are used for retail billing. 

IV. Wholesale billing can be settled using retail billing system by using simple reports 

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



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