Description of the illustration big_ar_about_billed_items.gif

This figure is a chart that shows both billed and unbilled purchase fees for a GL report run in the middle of a billing cycle. The chart shows purchase fees billed on 1/20 and 2/20. The billing date is 2/15, and the GL reporting date is 2/28, so the 1/20 purchase is recognized as billed and the 2/20 purchase is recognized as unbilled.