Unbilled Revenue Report

Unbilled revenue reporting is used to determine and evaluate billed and extrapolated quantities for the balance
sheet of the closing accounting period. This may involve the companys fiscal year or monthly balance sheet. Utility
companies have special requirements when preparing their balance sheet. This is because when the balance sheet is
prepared, not all customers have been billed and entered in the accounts on the key date.

Procedure for Unbilled Revenue Reporting

There are three procedures to use the unbilled revenue reporting they are individual procedure, Sampling procedure
& the Flat0Rate procedure.

In the individual procedure, all contracts are analyzed individually. For each contract, the period is determined in the
accounting period for which the contract remains to be billed. A billing simulation occurs for this period. During the
billing simulation, consumption is extrapolated for each contract in compliance with the weighting procedure. The
data from the actual documents, along with the data from the simulated documents, provides an estimated value
for the consumption and revenues of the period under analysis. The advantage of the individual procedure is that it
considers all changes made to rates, prices, meter reading results, registers, and so on, with maximum accuracy. The
disadvantage of this method is the long runtime.

In the sampling procedure, many the available contracts are selected for a sample. The sample is simulated for the
unbilled period. The system writes the amounts and quantities from the sample to the statistics and then
extrapolates the results for all contracts.

The flat-rate procedure primarily consists Determination of the quantities that remain to be billed, Distribution of
these quantities to rates, Evaluation of the distributed quantities using average prices and Determination of the
basic prices of contracts that remain to be billed