Get started with subscription billing in Dynamics 365 Finance
Dynamics 365 Finance enables you to manage subscription revenue and recurring billing by working with billing schedules. To comply with International Accounting Standards, and Generally Accepted Accounting Principles standards, Finance supports multi-element revenue allocation of revenue for recurring billing scenarios.
Learning objectives
In this module, you will:
- Learn how to set up the subscription billing feature in finance and operations apps.
- Learn how to create billing schedules.
- Learn how to create milestone billing.
- Conceptualize and create deferral templates.
Prerequisites
- Basic understanding of functionality in Dynamics 365 Finance
- Basic understanding of navigation in Dynamics 365 Finance
- Basic knowledge of contracts and scheduling in Dynamics 365 Finance
- Basic accounting knowledge (revenue, consumption, billing)