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.
See also
Revenue recognition overview (docs)