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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, automatically | May 2025 | Jun 2025 |
Business value
Stay ahead of regulatory changes with our update of the Payment Times Reporting Scheme (PTRS) in Australia to the new rules. For reporting periods starting on or after July 1, 2024, this update ensures compliance with the latest Payment Times Reporting Scheme (PTRS) requirements.
Feature details
This feature update enables reporting companies in Australia to comply with the revised Payment Times Reporting Scheme rules that apply to reporting periods starting on or after July 1, 2024.
- Refined logic to prepare datasets: capture, filter, and classify payment data in accordance with the latest PTRS rules.
- Introduces standardized reporting format aligned with the revised PTRS reporting requirements.