Balance Based vs. Invoice Based Billing
![Image](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjXFdEzSjjzbQWrPnB99ohnnFVGE-SXq2P8dgrOStWNkYVR4ElFPrW97z3jrUC4g-6vXze3hVVF6EddO6fKvv5XY6GpMLAetSEKCVexH3HHMF0MhmMbhYONSAdttlJtN37PGpm9DAR535nrEHKatHkUZpZhVoZkByeskmontCreqr43ohY44_bfL2cH3hqI/w400-h400/balance-billing-versus-invoice-based-billing.png)
The two different approaches to billing customers in the telecom industry. Balance-based versus invoice-based billing. Balance-based billing systems like TimelyBill typically use a customer's account balance method, while invoice-based billing systems use the specific invoice method. Hybrid approaches are also possible, combining both methods based on customer preferences or business requirements.