At a glance
Sum of Invoice transaction amounts in the period. The Invoice-only slice of total booked revenue, excluding Cash Sales and revenue journals. The metric AR-driven analysis runs on.
| What it counts | SUM(Transaction.Amount) for Transaction.Type = 'CustInvc' posted in the period, all subsidiaries the role can read. |
| Tax treatment | Net of tax, sums revenue lines only. |
| Shipping | Included if shipping is mapped to a revenue Item record. |
| Discounts | Already deducted at line level. |
| Credit Memos | NOT included on this card. Credit Memos are tracked separately on Credit Memos Value. |
| Cash Sales | NOT included. Cash Sales (POS, prepaid web orders) bypass Invoice and book directly to revenue. They appear on Revenue Booked into GL. |
| Cancelled / voided invoices | Excluded. |
| Currency | OneWorld: reporting currency at transaction-date FX. Single-subsidiary: native currency. |
| Subsidiary scope | Respects dashboard filter. |
| Time window | 30D vsP |
| Alert trigger | drop >15% vsP, sentiment key revenue_trend |
| Roles | owner, finance |
Calculation
Calculated automatically from your NetSuite data. See the At a glance summary above for what the metric tracks and the worked example below for a typical reading.Worked example
A US wholesale distributor on NetSuite OneWorld. 30-day window 14 Mar 26 to 12 Apr 26. Reporting currency USD.| Subsidiary | Invoice count | Invoiced revenue (USD) |
|---|---|---|
| US Distribution Inc | 482 | $5,840,000 |
| CA Distribution Ltd (Canada) | 84 | $720,000 |
| Invoiced Revenue (this card) | 566 | $6,560,000 |
| Comparison | Amount | Notes |
|---|---|---|
| Invoiced Revenue (this card) | $6,560,000 | Invoice transactions only |
| Cash Sales (separate) | $310,000 | Prepaid web orders, POS |
| Credit Memos (separate, deducted on GL card) | ($128,000) | Returns processed in window |
| Revenue Booked into GL | $6,742,000 | Sum of all three |
- Invoiced Revenue is the biggest slice of total revenue for B2B-skewed businesses (typically 95-99% of total). For DTC-skewed businesses on NetSuite, Cash Sales can be 30-50%.
- The 566 invoices count is more useful than the dollar number for AR analysis. Average invoice value (~$11.6K) tells you customer-mix concentration. Compare to Average SO Value.
- Last period was $6,890,000. This period is down 4.8% vsP, well below the alert threshold. The trend chart shows the slope.
- Cash Sales of $310K are typically retail POS or web-prepaid orders. They’re real revenue but they don’t create AR, so they don’t show up here. For an AR-driven analysis (DSO, aging), this card is the right denominator.
- The $128K Credit Memo reduction shows separately. This card is gross of refunds; the Revenue Booked into GL card is net.
Sibling cards merchants should reference together
| Card | Why pair it with Invoiced Revenue |
|---|---|
| Revenue Booked into GL | The full revenue picture (Invoiced + Cash Sales + revenue journals minus Credit Memos). Invoiced is the biggest slice. |
| Cash Collected | Receipts side. Invoiced is what you billed; Cash Collected is what they paid. Difference is AR. |
| DSO | Average days from Invoice to cash. Health metric on the AR cycle. |
| Invoice Aging Summary | What’s still open. |
| Credit Memos Value | The deduction side. Together gives net invoice activity. |
| Average SO Value | Forward indicator. SO value today predicts Invoiced Revenue tomorrow. |
| shopify.total_revenue / bigcommerce.total_revenue | Commerce gross. Comparison surfaces the SO-to-Invoice timing gap. |
Reconciling against the vendor’s own dashboard
Where to look in NetSuite:
Reports → Sales → Invoice Register
Saved search: Transaction.Type = 'CustInvc' AND Posting = T AND TransactionDate BETWEEN [start, end]
The Invoice Register report should match this card to the dollar.
Adjacent reports that look related but aren’t:
- Sales by Item: includes Cash Sales and Credit Memos by default; unfiltered totals do not match.
- Income Statement: includes everything; matches the GL Booked card, not this one.
- Customer Aging: balance view, not period flow.
| Reason | Direction | Why |
|---|---|---|
| Cash Sale exclusion | Card lower than Income Statement | This card is Invoice-only; Income Statement includes Cash Sales. |
| Credit Memo treatment | Card higher than net-of-CM views | Credit Memos are separate. Net invoice activity needs CM subtraction. |
| Subsidiary scope | Either | Card defaults to all subsidiaries the role can read. |
| FX rate cadence | Small | Transaction-date FX vs period-average FX. |
| Card | Relationship | Why |
|---|---|---|
| shopify.total_revenue | Commerce > Invoiced (with lag) | Commerce gross feeds the SO queue; Invoiced is downstream. Difference is the SO-to-Invoice cycle time × inflow rate. |
| bigcommerce.total_revenue | Larger lag | B2B Net-30 means Invoiced lags commerce by 10-30 days. |