Project Engineer Billing

Project Engineer Billing Interview Questions and Answers

Updated 21 Jul 2022

Q1. Rolling margin of steel

Ans.

Rolling margin of steel refers to the difference between the cost of producing steel and the selling price.

  • It is a measure of profitability for steel manufacturers

  • It takes into account the cost of raw materials, labor, and production

  • A higher rolling margin indicates higher profitability

  • It can be affected by market demand and competition

  • Steel companies often use rolling margin to evaluate their financial performance

Q2. Process of billing & amendment

Ans.

The process of billing involves creating invoices for services rendered and sending them to clients. Amendments may be made to correct errors or update information.

  • Gather all necessary information for billing, including service dates and rates

  • Create an invoice using a billing software or template

  • Send the invoice to the client via email or mail

  • Track payments and follow up on any outstanding balances

  • Amendments may be made to correct errors or update information, such as changin...read more

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