What are service charges in the context of BillingCenter?

Service charges in the context of BillingCenter refer to fees applied to cover transaction processing costs. This type of charge is typically implemented to compensate for the various expenses involved in processing payments, managing accounts, or handling transactions within the billing system. Such charges may include costs related to credit card processing, administrative fees, or other overheads associated with maintaining operational efficiency in the billing process.

This understanding is crucial for both billing department personnel and customers, as service charges directly affect the total amount due on invoices. Recognizing service charges helps ensure transparency between the business and its clients, providing clarity on why certain fees appear on their statements and how these charges contribute to the overall service provided.