uninvoiced

Uninvoiced is an adjective used primarily in business, accounting, and project management to describe goods or services for which an invoice has not yet been issued. In common practice, items can be described as uninvoiced when work has been completed or revenue has been earned but billing is still pending. The term helps separate earned revenue from billed revenue in financial reporting and workflow systems.

In accounting and ERP systems, uninvoiced items often appear as a status in the order-to-cash or project accounting modules. They may correspond to unbilled revenue or to charges that have been recognized for revenue purposes but for which a customer invoice has not yet been generated. The distinction between uninvoiced and unbilled is subtle in some organizations; the preferred terminology varies by software vendor and internal policy. In many cases, organizations manage uninvoiced items to optimize cash flow, ensuring invoices are issued promptly and that revenue recognition aligns with contractual terms.

Examples of uninvoiced items include a consulting project with hours logged but no invoice issued; a shipped order where the goods have been delivered but invoicing occurs at month end; a subscription service where the service has been delivered but invoicing is scheduled for a later date.

Etymology and related terms: uninvoiced is formed from the prefix un- meaning not, plus invoiced, the past participle of invoice. It is often used interchangeably with related terms such as unbilled or unbilled revenue, though terminology can vary by organization and software system.