Analytics/Revenue recognition
DS
Revenue recognition
Billed vs recognised vs collected — earned revenue, not just invoiced · INR
Billed (Jun)
₹12.4L
invoiced this month
Recognised (Jun)
₹11.6L
+5.5% vs May · earned
Collected (Jun)
₹9.8L
cash + TDS received
Deferred revenue
₹3.2L
billed ahead, not yet earned
Billed · Recognised · Collected
monthly, last 8 months
Billed Recognised Collected
Recognised by source
June · ₹11.6L earned
June reconciliation
how billings become earned, then cash
Billed
₹12.4L
→
Recognised
₹11.6L
−2.0 deferred · +1.2 earned
→
Collected
₹9.8L
−1.8 outstanding
Recognised = revenue earned in June (retainers straight-lined over the cycle; project installments on milestone-reached; add-ons on delivery). Advances billed for future work move to deferred until earned.
Deferred revenue
₹3.2L billed ahead
Project advances (receipt vouchers)₹1.8L
Retainer prepay (quarterly/annual)₹1.4L
Why it matters: deferred revenue is a liability — work you owe. It unwinds into recognised revenue as you deliver, so MRR can run ahead of (or behind) earned revenue.
Monthly detail
₹ lakh
MonthBilledRecognisedCollectedDeferred (end)Recog. rate