SECTIONSUsing the Billing Contract Subledger Report
The Billing Contract Subledger report enables you to view the following values for your active billing contracts:
- Total Value: sum of the value of all contract line items.
- Total Billed: sum of the billed to date amounts for all contract line items.
- Total Recognized: sum of the revenue recognized to date for all contract line items.
- Deferred Revenue: calculated as Total Billed minus Total Recognized.
All the values are displayed in the dual currency. This is the currency of the Integration User.
Billing contracts are grouped by company and account. Depending on how your administrator configured the report, subtotals might also display for each company and account. Your administrator might have also configured the Company and Account filters. These enable you to view only the contracts that are relevant to you. By default, you can only see data for companies that you have access to in Accounting.
If you click a specific value, for example, the Total Billed value for a contract, you can drill down to the contract's line items. This enables you to view how the values were calculated. In addition, the contract line's name, product, billing term, and end date display.
You can use this report alongside the Deferred Revenue Waterfall dashboard which provides a forecast of your subscription billing and revenue. For more information, see Using the Deferred Revenue Waterfall Dashboard.