Definition
Billings refer to the total amount invoiced to customers during a specific period, regardless of whether payment has been received.
Related Services
Billings are used in revenue recognition, accounts receivable management, and subscription business analysis.
Problem and Application
Challenges with billings include timing mismatches between invoicing and revenue recognition. Businesses track billings to monitor cash flow and financial performance.
Conclusion
Billings are a vital metric for tracking business activity and ensuring proper revenue management, particularly in subscription or project-based businesses.
