What is unbilled revenue reporting in SAP IS-U-BI - Contract Billing?

SAP Term: unbilled revenue reporting

• Component: IS-U-BI

• Component Name: Contract Billing

• Description: Consumption proration used for determining and valuating quantities sold and billed for the balance sheet of the closing balance period.

Smart SAP Assistant

• Key Concepts: 
  Unbilled revenue reporting is a feature of the IS-U-BI Contract Billing component of SAP. It allows users to view and analyze the revenue that has been generated from contracts but not yet billed. This helps users to better understand their current financial situation and plan for future billing cycles. 
  
  How to use it: 
  To use unbilled revenue reporting, users must first set up the necessary data sources in SAP. This includes setting up the contract master data, billing plans, and other related information. Once this is done, users can access the unbilled revenue report from the SAP menu. The report will show all of the contracts that have generated revenue but not yet been billed. 
  
  Tips & Tricks: 
  When setting up the data sources for unbilled revenue reporting, it is important to ensure that all of the necessary information is included. This includes contract details, billing plans, and any other relevant information. Additionally, it is important to regularly review the report to ensure that all of the unbilled revenue is accounted for. 
  
  Related Information: 
  Unbilled revenue reporting is closely related to other features of IS-U-BI Contract Billing such as contract billing and receivables management. Additionally, it can be used in conjunction with other SAP modules such as Financial Accounting and Controlling.