"Billings on contracts" is a contra account to "Accounts Receivable."

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"Billings on contracts" typically refers to a specific type of revenue recognition for long-term contracts and is not a contra account to "Accounts Receivable." Instead, it is more closely related to the process of recognizing revenue and may be part of "Contract Assets" or "Unbilled Receivables," depending on the accounting practices and stage of contract completion. Contra accounts to "Accounts Receivable" would be something like "Allowance for Doubtful Accounts."

"Billings on Contracts" Is a Contra Account to "Accounts Receivable