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The Pros and Cons of Overbilling


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Overbilling can be good for your cashflow, but it can also potentially cause problems if used in the wrong way. This week, we're breaking down the pros and cons of overbilling, and how to overbill without setting yourself up for future headaches and issues with your bond underwriter.

 Topics we cover in this episode include:

  • What is overbilling?
  • What scenarios may result in overbilling?
  • When does overbilling become a bad thing and how do bond underwriters look at it?
  • How human error can lead to overbilling

LINKS

Visit the episode page at https://CarpenterCPAs.com/overbilling for more details and a transcript of the show.


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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com

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