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Total Revenue Report reports the value of the services that have taken place in the selected time period whether payments were made or not; whereas, the payment report just reports the payments that were taken in that time period.
Often people ask why their payment and revenue reports don’t match up and often it’s because they take a payment for a booking before it even happens.
The revenue report also only shows the bookings based on the invoice date, meaning based on the last date of service. For example, a booking that starts in August and ends in September has a revenue date of September