Overview

Required Plan

This feature or setting is available to all customers on any Recurly subscription plan.

Definition

VC Balances Report presents a summary of variable consideration actions taken during the period, such as VC estimates, true-up adjustments, reversals, and clearing. It provides a snapshot of the VC balance at the end of the period, helping entities track and monitor VC-related activities effectively.

Guide

Accessing and configuring the report

To access and configure the VC Balances Report:

1. Navigate to the Report:
   • Go to Reports > Cost VC > VC balances report.
2. Run the Report:
   • Click the Run button to generate the report.
3. Download the Report:
   • Click the Download button to save the report locally.

Report columns

• Contract ID: Displays the unique identifier for each contract.
• Account: Shows the account associated with the variable consideration.
• Period: Indicates the time period for which the report data is displayed.
• Beginning Balance: Presents the VC balance at the start of the period.
• New Billing: Represents any new VC entries added during the period.
• Schedule: Details the scheduled VC amounts.
• Reversal: Captures any VC reversals made during the reporting period.
• Hold: Lists VC amounts that are temporarily on hold.
• Accounted: Indicates the VC amounts that have been recorded in the accounting system.
• UnAccounted: Highlights VC amounts that are pending accounting entries.
• Ending Balance: Provides the VC balance at the end of the period.
• Ledger Balance: Shows the final recorded VC balance in the ledger.