Performing report using credit (2,7)
I believe the answer is:
on account
'credit' is the definition.
'performing report' is the wordplay.
'performing' becomes 'on' (as in being on stage).
'report' becomes 'account' (synonyms).
'on'+'account'='ON ACCOUNT'
'using' is the link.
(Other definitions for on account that I've seen before include "Involving part payment" , "To be paid" , "As partial payment with the rest to come later" , "an instalment" , "By deferred payment" .)