Use subscription billing with projects for stocked or production-based scenarios
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 |
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Users by admins, makers, or analysts | - | Mar 23, 2023 |
Business value
There's an increasing trend within modern organizations to transform their business models to sell project-based work and subscription-based services in a consolidated contractual agreement. Dynamics 365 Finance has released new features to help manage subscription-based services. These features include the ability to define and manage billing schedules, to record unbilled revenue based on the contractual agreement, and to defer costs and revenue and then recognize them based on the required schedule. With this update, Dynamics 365 Project Operations for production or stocked scenarios will support these features.
Feature details
This feature includes the following capabilities:
- Defining billing schedules with project reference
- Configuring revenue deferrals for different project transaction types
- Recording deferred cost and revenue to the project subledger
- Adjusting project transactions with cost and revenue deferrals