| Enabled for | Public preview | General availability |
|---|---|---|
| Users, automatically | 
Sep 2, 2024 |
Oct 2, 2024 |
Business value
Businesses create recurring revenue streams by selling goods and services with a subscription. With this release, you can manage subscription contracts in Business Central. The new subscription module lets you spend more time selling and less time organizing and invoicing contracts.
Feature details
To accommodate subscription-based business models, companies across sectors are adopting digitalization and revamping their products and services.
In Business Central, you can now support many different types of subscription scenarios. A simple set of processes lets you manage portfolios of items and services that you bill on a recurring schedule. For example, you can manage hardware maintenance, IT support, cleaning services, and more. You combine the sale of services and items in mixed subscription contracts that hold information about the items, services, and billing schedule.
Templates simplify the process of creating subscription contracts by standardizing the parameters and schedules for recurring billing. You can manage current pricing and plan for future price updates. On the accounting side, the system automates posting accruals to balance sheet accounts and assigns revenue or expense to the correct periods in the income statement.
The new module includes:
- Contracts for recurring billing of items and services.
- Billing schedules with flexible parameters that cater to typical use cases for recurring billing.
- Usage-based billing.
- Automated billing.
- Deferral integration.
- Revenue recognition based on billing schedules.
- Contract updates with parameters and prices.
- Standard reports for contracts, customers, billing schedules, recognized revenue, future billing dates and amounts, and more. Most reports are available as Power BI reports.
The Essential License includes subscription billing.
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