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Unbilled revenue

Informational

Revenue earned but not yet invoiced. Common where delivery is continuous and billing is periodic.

Related terms

Accrual
ASC 606
Usage-based billing
Billing systems and accounting systems

By Tim Fisher, Cofounder, CEO · Updated Aug 3, 2026

Axorum authorizes agent payments before they settle and commits the approval, the budget consumption, and the accounting entry as one event.

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Σ debits ≡ Σ credits · ✓ balancedThe subledger for agentic commerce© 2026 Axorum