What context can I use each word in?
Learn when and how to use these words with these examples!
billing
Example
The accounting department is responsible for billing clients for their purchases. [billing: verb]
Example
Please review the billing statement and let us know if there are any discrepancies. [billing: noun]
costing
Example
The company is currently costing the new product to determine its profitability. [costing: verb]
Example
The accountant provided a detailed costing report for the construction project. [costing: noun]
Good things to know
Which word is more common?
Billing is more commonly used than costing in everyday business language. Billing is an essential part of customer transactions and financial management, while costing is more specific to financial analysis and planning.
What’s the difference in the tone of formality between billing and costing?
Both billing and costing can be used in formal and informal contexts. However, billing is more commonly used in everyday business communication, making it slightly more formal in nature.
