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What is billable revenue?

Updated: 12/22/2022
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Billable Revenue is monetary income that is promised to be paid (billed in arrears) without anything owed upfront at the time the agreement is made (typically by means of a signed contract). An example of this would be signing up for and receiving a service and being billed for it after the service is delivered. The term is often used by the billing-party and typically a salesperson. It is money that is expected to be received (from a sale) without actually being paid yet.

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