Invoicable: meaning, definitions and examples

Utilized in formal business or accounting scenarios where an item, service, or fee needs to be included on an invoice for future payment. Often used in contract terms and financial agreements.

• The consulting hours for this month are fully invoicable under our contract.
• These materials are invoicable and will be added to your next bill.

Commonly used in professions like law and consulting where time and services are recorded for the purpose of billing a client. It denotes that the time or service rendered can be billed to a client.

• Please track all your billable hours for the Johnson account.
• Only the time spent directly working on client projects is considered billable.

Used to indicate that an expense or fee can be charged to a client or an account. It is a more general term and can be found in various contexts, from retail to corporate finance.

• The additional feature is chargeable and will increase the total cost.
• Meals during business travel are typically chargeable expenses.

Refers specifically to amounts that are due for payment, often used in accounting and finance to describe money owed. It highlights the responsibility to make a payment.

• The invoice amount of $500 is payable within 30 days.
• Accounts payable must be settled by the end of each month.