Most property and business owners would agree that the coming monthly-bills is a time of the year they won’t look forward to. 

Paying bills could be a troublesome experience as the process can be complicated. While it is just a piece of paper that tells you how much you need to pay, sometimes the information on it can get overwhelming to look at.

That shouldn’t be your enduring concern. There are ways to make things more manageable for you. In this case, understanding your business water bill can help you navigate through the bill-paying season when it comes. That way, while it may seem confusing, you can at least be assured that you got it covered!

Breaking Down Your Bill

You may get information overload looking at business bills. 

However, you shouldn’t let it overwhelm you too quickly. Much like any other bill, these bills have a standard set of information required in these documents.

To help you understand your bill better, one of the first things you can do is break down all the information into more manageable parts. That way, you can pick out details faster and know what’s in each “segment” implicates.

It would help if you could break down the billing statement. So, with that in mind, here are some common things to expect in your water bill.

Business-Related Info

This segment essentially tells you about the receiver and the sender. You would see your business name, address and other facts about your public business profile.

Account Info

Aside from your business’ information, you would also see your account information. You’ll find your account number as a reference when you pay your bill. That way, you always have the reference to see if the payment goes into the correct account.

Summary of Account

This shows a summary of your entire account. Typically, you’ll find the amount you owe for the current billing period and any previous balances you have from prior periods. This is important as it tells you how much your entire account owes.

Summary of Charges

In this segment of your bill, you’re given the total amount you owe your water supplier for the current billing period. What you owe will depend entirely on what you agreed on with your supplier–whether it’s getting charged based on your meter reading or an estimate. This part of your bill is important as this shows you what you need to pay.

Breakdown of Charges

Just as crucial as your charge summary, the breakdown gives you a more detailed explanation of why you’re being charged a certain amount. From all the services and miscellaneous fees, this breakdown will show you everything you got charged for. If you want to ensure you’re getting charged the correct amount, looking at the breakdown will be a huge help.

Conclusion

Paying for bills can be a very unpleasant experience, and not only because you’ll have to spend. With all the information that can overwhelm you, there is always a way for you to get your head around the numeric statements and technical terms.

It is by learning to understand the contents of your water bill and breaking down the information into more understandable pieces. It will help make the data more manageable and a lot easier to chew on.