This report shows the list of invoices that have been created but not yet released to the client. These may be being reviewed by the management team for potential adjustment. It is important that these invoices be released as soon as possible so that the client can remit payment as soon as possible.
WHY IS THIS IMPORTANT?
Invoices that have not yet been released to the client cannot be paid, which results is reduction of cash flow. Lack of cash flow can result in working capital to meet business expenses (payroll, product expense, rent, etc.)
Company – Companies for which invoices have been created but not released for payment.
Revenue – Total invoice amount due.
Contr Margin – Contribution Margin (Revenue less direct cost of item)