Bookings

The Bookings report measures the total contract value added during a selected period. It reflects the full value of newly signed contracts based on their start date, regardless of when the revenue will be recognized.

The report focuses strictly on contract creation activity. It does not include recurring revenue movements such as expansion or churn.

What This Report Shows

The Bookings report displays contract value aggregated by reporting period.

The report includes the following elements:

• A chart showing total Bookings by period.

• A table listing each reporting period and its corresponding Bookings amount.

• Subsidiary selection.

• Period range selection.

The selected period range determines which contracts are included in the calculation.

How Bookings Is Calculated

Bookings is calculated using Total Contract Value (TCV).

The calculation follows this formula:

$$\text{Bookings} = \text{Total TCV of All Contracts Starting in Period}$$

The report applies the following rules:

• Contract Start Date Only contracts whose Start Date falls within the selected period are included.

• Full Value Recognition The full contract value is counted upfront, even if the contract spans multiple years.

• No Revenue Timing Revenue recognition timing (accrual) does not affect Bookings.

Example

If a contract has a total value of 6,000 and begins in the selected period, the full 6,000 is included in Bookings, even if the contract term extends beyond that period.

See Also

You can explore related reports and concepts to better understand revenue performance and growth trends.

• Recurring Revenue (ARR / MRR)

• ARR / CARR Waterfall

• Net Revenue Retention (NRR)

• Customer Count