Subscription billing – revenue and expense deferrals
Important
This content is archived and is not being updated. For the latest documentation, go to What's new or changed in Dynamics 365 Finance. For the latest release plans, go to Dynamics 365 and Microsoft Power Platform release plans.
| Enabled for | Public preview | General availability |
|---|---|---|
| Users by admins, makers, or analysts | 
Feb 28, 2022 |
Apr 29, 2022 |
Business value
Advanced revenue recognition lets you manage revenue in compliance with ASC 606 and IFRS 15 accounting standards. This feature will enable revenue recognition on document types beyond sales orders allowing greater control of revenue.
Managing deferrals at the line-item level puts you in control of the revenue recognition process. Having an automatic process helps reduce mistakes that can creep in through manual processes and saves time.
Feature details
Advanced revenue recognition lets organizations eliminate manual processes or external systems by allowing users to manage revenue in one system. Real-time reporting provides insights into critical information, such as monthly recurring revenue.
Once an item is set up as deferrable, the deferral schedule is automatically created when items are added. Templates can be predefined to create different types of deferral schedules, such as monthly, quarterly, or schedules that are based on specified dates. One process allows all current deferral schedules to be recognized quickly.
See also
Revenue and expense deferrals in Subscription billing (docs)