Progress-based billing on fixed-price contracts

Important

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Important

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Enabled for Public preview General availability
Users by admins, makers, or analysts Mar 28, 2024 Sep 2024

Business value

This feature supports additional progress-based contracting models for project-based companies.

Feature details

Dynamics 365 Project Operations currently supports a milestone-based billing schedule so that companies can invoice their customers at predetermined amounts and dates during the course of the project. However, a variation of this exists where a portion of the milestone is invoiced each period instead of the whole milestone. This feature enables project managers to split the value of the contract into a distinct schedule of values that are invoiced based on the progress of the work.

See also

Create invoice schedules on a project contract line (docs)