Total value of invoices generated during a specific period after excluding the value of associated credit notes issued.

Net Billing

This is the value of invoices during the period after deducting the value of credit notes issued.

Formula
Net Billing = Total Invoice amount - Total Credit Notes

Reading

Up: Good

Interpretation

Net Billing is a good indicator of your Net Revenue. If Net Invoiced Value is less than the Total Revenue, your revenue leakage due to coupons and credit notes will be high and cash flow will be a risk for your business.

Click here to know about other metrics.