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Why is the Cumulative Unbilled Receivable Amount calculated this way

edited Jan 14, 2024 1:39PM in Ask A Guru 6 comments

Hi,

We created an order on 12/27/23 with 4 items:

Item 1 - recognition for 3 years and billing schedule for 3 years

Item 2 - recognition for 3 years and billing schedule for 3 years

Item 3 - One Time Recognition and 1 invoice on the day of the order

Item 4 - One Time Recognition and 1 invoice on the day of the order

We created invoice 1 of 3 for an order on the order date 12/27/2023 with 4 items:

Item 1 - charge one third of the order

Item 2 - charge one third of the order

Item 3 - full invoice

Item 4 - full invoice

We recognized the revenue for the month of December 2023:

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