Definition, Meaning & Synonyms
c-and-b
Noun
see-and-bee
Definition
C-and-B is a term primarily used in legal and financial contexts to refer to a particular method of categorizing or managing accounts, specifically ‘Credited and Billed’.
Examples
- The company’s c-and-b system makes tracking customer payments easier.
- In our accounting department, we regularly review our c-and-b to ensure accuracy.
- She explained how the c-and-b approach simplifies financial reporting.
Meaning
The term relates to how transactions are recorded in accounting, where payments are credited to a client’s account and invoices are billed to them accordingly.
Synonyms
- Credited and Billed
- Accounts Management
