Your Revenue Backlog is revenue that has been contractually promised to you but has not yet been invoiced. The customer has agreed to pay for the future provision of a service but they have not received that service or been charged for it.
Example: A customer on an annual subscription but is billed monthly.
If the customer has an annual subscription worth $1200 being charged $100 a month after two months you will have collected $200 in revenue and have a revenue backlog of $900.
Contracted, but yet to be billed revenue is not factored into your Monthly recurring revenue (MRR) calculation in Upzelo.
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