Bill of IT is an exhaustive list of information technology assets and services owned by a company. The bill displays a breakdown of all the IT assets and services in relation to various items. The bill is often used by companies as a chargeback and showback tool because it shows the relation between specific service/asset and employee, cost center, department, location, line of business, etc. It allows companies to see what they own and how their resources are allocated in the organizations. Most bills of IT show the following element (among other details):[1]
Ultimately, the goal of a bill of IT is to clarify IT investments in an organization by presenting a detailed view of IT expenses.