Recognize revenue for project contract line

Important

This content is archived and is not being updated. For the latest documentation, go to Project Operations updates. 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 - Mar 3, 2023

Business value

Business users will be able to model contractual agreements, where revenue for portions of the project work needs to be recognized using different methods. For example, when one portion of the project uses the percentage completion revenue recognition method, while another portion uses straight-line revenue recognition.

Feature details

This feature will be available for customers using Project Operations for resource-based scenarios. When the feature is enabled, the system creates separate revenue recognition projects for every project contract line. You will be able to group the contract lines into a single revenue recognition project if desired.

When revenue recognition is calculated, the system considers billing milestones for the selected contract lines, and only includes forecasts and actuals related to these contract lines for percentage complete, completed contract, or straight-line revenue recognition.

Screenshot of contract line based revenue recognition project setup

See also

Revenue recognition overview (docs)