Monthly Consolidated Invoice Sample Clauses

The Monthly Consolidated Invoice clause establishes that all charges or fees incurred over a month will be combined into a single invoice for payment. In practice, this means that instead of receiving multiple invoices for individual transactions or services throughout the month, the customer receives one comprehensive bill summarizing all activity for that period. This approach streamlines the billing process, reduces administrative burden, and helps both parties maintain clearer financial records.
Monthly Consolidated Invoice. A formal, single statement of charges provided by Vendor to DIR, which includes the Invoice file, Detailed Billing File, Adjustment file and monthly informational memorandum for all Services provided by Vendor.