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What Is Remittance Advice? | SaaS Billing Definition

G Glossary

General Ledger (GL)

The master accounting record that consolidates all financial transactions of a company into a complete, balanced system of accounts.

Steve KeiferOctober 27, 2025

Real Estate

OneDay Automates Complex Parent Child Billing

Automation of complex parent-child billing, multi-jurisdiction sales tax calculations, revenue recognition under ASC 606 for OneDay, a SaaS platform for personalized videos.

Steve KeiferOctober 17, 2025

C Glossary

Churn Rate

Learn what churn rate means in subscriptions and SaaS. Understand types of churn, how to calculate it, and benchmarks for customer and revenue retention. Improve churn with data-driven strategies.

Steve KeiferSeptember 12, 2025

A Glossary

Accounts Receivable

Learn how accounts receivable works in SaaS. Discover its impact on cash flow, DSO, revenue audits, and billing-to-cash sync.

Steve KeiferSeptember 10, 2025

D Glossary

Deferred Billing

Delaying invoicing or payment for goods or services even after they have been delivered or accessed.

Steve KeiferAugust 29, 2025

Glossary N

New ARR

ARR generated exclusively from newly acquired customers versus from existing accounts.

Steve KeiferAugust 28, 2025

Glossary P

Proration

Adjusting the charges a customer owes when there is a change to their contract during a billing cycle

Steve KeiferAugust 28, 2025

A Glossary

ACH Payment

ACH stands for Automated Clearing House. It’s a way to move money straight from one bank account to another.

Steve KeiferAugust 14, 2025

F Glossary

Financial Statements

The three primary financial statements are the income statement, balance sheet, and cash flow statement.

Steve KeiferAugust 14, 2025

A Glossary

ARR Movements

New bookings, renewals, expansions, contractions, and churn are all ARR movements.

Steve KeiferAugust 13, 2025

Resources

General Ledger (GL)

OneDay Automates Complex Parent Child Billing

Churn Rate

Accounts Receivable

Deferred Billing

New ARR

Proration

ACH Payment

Financial Statements

ARR Movements

Ordway Subscription Billing Software

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Research Studies

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