Third Party Billing Breakdown

Summary

The statement requires a detailed breakdown of third-party obligations in billing, including supplier names, services provided, amounts billed and outstanding, payments made, and total contract amounts. It also asks for reasons for non-payment of previous obligations, excluding retainage. This breakdown pertains to third parties hired by your company, such as suppliers or service providers, not direct employees.

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what do that statement mean?
It seems like the statement is asking for a detailed breakdown of all third-party obligations that are part of the billing, including:
- Names of suppliers or service providers
- Description of goods or services provided
- Amounts included in the current billing and outstanding from previous billings
- Amounts paid to the third party from previous payments received
- Total amount of the subcontract or purchase agreement
- Reasons and circumstances for non-payment of any previous obligations, excluding retainage
Do you have a specific issue or concern related to this statement?
does it mean a break down from my company or someone we hired
It sounds like the statement is asking for a breakdown of obligations related to third parties hired by your company. This includes suppliers or service providers that your company engaged, not your direct employees. Do you need more information on how to prepare this breakdown?