Glossary

Time and Material Service

A time and material service is a service offering that is billed strictly on a time and material basis. Example of a time and material service offering is a consultant who strictly charges on an hourly basis. Most accountants and lawyers also offer time and material services and a majority of them do not engage in any […]

A time and material service is a service offering that is billed strictly on a time and material basis. Example of a time and material service offering is a consultant who strictly charges on an hourly basis. Most accountants and lawyers also offer time and material services and a majority of them do not engage in any fixed billing engagements.

Area of Application
Project Accounting