Now Available in Community - MBAS 2019 Presentation Videos
Catch the most popular sessions on demand and learn how Dynamics 365, Power BI, Power Apps, Power Automate, and Excel are powering major transformations around the globe. | View Gallery
2020 release wave 1Discover the latest updates and new features to Dynamics 365 planned through September 2020
Release overview guides and videos Release Plan | Preview 2020 Release Wave 1 Timeline
Ace your Dynamics 365 deployment with packaged services delivered by expert consultants. | Explore service offerings
Connect with the ISV success team on the latest roadmap, developer tool for AppSource certification, and ISV community engagements | ISV self-service portal
The FastTrack program is designed to help you accelerate your Dynamics 365 deployment with confidence.
FastTrack Program | Finance TechTalks | Customer Engagement TechTalks | Upcoming TechTalks
I would like to know the difference between fixed and time & material contract lines regarding invoicing
why only fixed lines appear in contract milestones entity. And why do they have different information when creating invoice schedules (e.g. run/not run & ready/ not ready to invoice).
Hi Yasemeen zada.
The following vlog post could be helpful for you. It's for PSA V2 but the concept hasn't really changed in V3:https://www.youtube.com/watch?v=srh6IRplZBk
In short:- With T&M Order Lines you will invoice Time and Material based work. This means Time Entries and Expense Entries.- With T&M Order Lines, Invoice Schedules are related to batch invoicing i.e Batch Jobs. See here for more information. You don't need to set the schedules as ready or not.- With Fixed Price Order Lines you will invoice Milestones. This means the "Fee" component is set to Yes on a FP Order Line.- With Fixed Price Order Lines, Invoices Schedules need to be set as Ready for Invoicing for a manual invoice creation or a Batch Job to pick a Milestone on an invoice.
The photo below will demonstrate how Order Lines can be set up when you want to invoice both Milestones, Time Entries and Expense Entries for one and the same project. Setting the Time, Expense and Fee components and understanding their impact on an Order is key in PSA. To understand how Actuals are formed based on Order Lines, see the this post.
Thank you for explaining it Antti. one more question. Do you mean that this is the only way to create invoices for time and material contract lines, and other than this it would give wrong results?
And another thing please. I have created an invoice following what was mentioned in your blog, but the total amount of an invoice is 0 !!!
For T&M you can create invoices either with Batch Jobs or by clicking on "Create Invoice" from the Project Contract's (Order's) ribbon. In V3.3 you have to remember to mark Actuals as ready to invoice before creating an invoice.
If you get a 0 invoice after approving Time Entries, the following might be the cause:
- Project Contract (Order) does not have a T&M Order Line with Time = Yes.
- The above and in addition a related Order Line does not have a Project associated to it.
- Sales Price List is missing or is not properly set up. Check what the Chargeability View (PSA V1 and V2) or the Project Price List is showing on your Project Contract. You can also simulate pricing by adding Project Contract Line Details. If your PCLDs give a 0 price, something is missing in your pricing setup.
Business Applications communities