The billing system in which the invoice is prepared after goods have been shipped and the sales order notification has been matched to shipping's billing notification is called a:

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A post-billing system is one where the invoice is prepared after the goods have been shipped and the sales order notification has been matched to shipping's billing notification. This system is also known as a "delayed billing" system. In this system, the customer receives an invoice after they have received the goods or services, and payment is made based on the invoice. This is in contrast to a pre-billing system where the invoice is prepared before the goods or services are delivered. The other options, open-item system and balance-forward system, are different types of billing systems that are not related to when the invoice is prepared.

The Billing System in Which the Invoice Is Prepared After