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A billing software can be any software designed to handle time and billing tracking as well as invoicing customers for services and products. It can track the hours worked by employees as well as expenses associated with projects or clients. Billing software is an integral part of an accounting and finance software package, and there are vendors that offer free billing software for small businesses along with the main package. However, the billing system software can range from the simplest and most basic to the more advanced billing software for PC with sophisticated features.