Central billing and individual billing are two ways to bill a business for credit card use. Businesses usually issue cards to owners and employees.
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Central billing
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Individual billing
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- A business makes one monthly payment for all cardholders.
- Charges and credits from all cards go to one main account.
- The business receives one monthly statement. It shows all activity since the last billing period.
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- The business pays a separate bill for each cardholder.
- Charges and credits stay with each individual card account.
- The business receives a monthly statement for each card. Each statement shows the cardholder’s activity since the last billing period.
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