The NEW Subscription Billing in Dynamics 365

November 9, 2023

Microsoft has introduced powerful new Subscription Billing functionality—and the best part? It’s already included in your standard D365 Finance & Operations (D365FO) licensing agreement! This enhanced feature set is designed to replace the existing Revenue Recognition module, which is being deprecated, offering a more robust and compliant approach to managing recurring billing and revenue recognition.

With Subscription Billing, you can streamline recurring contract invoicing and revenue recognition, even when they don’t align perfectly. Plus, new multi-element revenue allocation capabilities help ensure compliance with industry standards like IFRS 15 and ASC 606.

Learning Objectives

  • Recurring Contract Billing – Billing schedules, invoice generation, milestone billing, revenue allocation, and unbilled revenue
  • Revenue & Expense Deferrals – Deferral schedules, project deferrals, and financial forecasting
  • Multi-Element Revenue Allocation – Properly distributing revenue across multiple items to stay compliant
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Posted in Dynamics 365/AX and tagged