Recurring contract billing in Dynamics 365 Finance
Dynamics 365 Finance enables you to customize and implement recurring contract billing features to your organization. You might use recurring contract billing to prearrange a schedule to automatically charge a customer. By implementing recurring contract billing features into your organization, you'll have greater control over item and contract billing, in addition to automating renewals and allowing flexible pricing models. Overall, this feature saves your organization time and will satisfy the customers' needs by providing complete and accurate invoices on multiple billing schedules.
Learning objectives
In this module, you'll:
- Learn about the billing schedule scenario and features.
- Create a billing schedule.
- Learn how to specify and implement revenue allocation to a sales order and billing schedule.
- Learn how to use the Support and renewal functionality.
- Learn how to implement the Unbilled revenue functionality to items.
- Learn how to create a Consumer price index schedule.
- Learn how to terminate a billing schedule.
- Learn how to use the Revenue split functionality.
Prerequisites
- Subscription billing is set up.
- Basic knowledge of subscription billing.