What is unbilled revenue? Should it be considered as an income or not & why?

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vijeesh VM
27-March-2017

Accounting Accountancy account

Question ajoutée par Mustafa Khan , Accountant , Saudi Aljabr Talke Co. Ltd.
Date de publication: 2016/03/15

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par Waseem Shafi , Senior Accountant , Saudi Bulk Transport Ltd.

It is called Accrued Revenue. (Revenue earned but yet invoice to customer). you may treat is as an income/revenue in your P&L because goods / services are already delivered.

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par JL P , Assistant Accountant , Al Rawabi Dairy Co. L.L.C.

It is considered as other comprehensive income - outstanding bills to customers.

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What is unbilled revenue? Should it be considered as an income or not & why?

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