Progress-based billing on fixed-price contracts
Important
Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned
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
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