Subscription Revenue Recognition in Microsoft Dynamics Finance and Operations

Subscription Revenue Recognition in Microsoft Dynamics Finance and Operations

This is achieved using Project and Service management module along with GL, etc.

Key setup involves

1) Time and Material project

2) Service subscription setup

3) Subscription fee category

4) Category group in project with transaction type of fee

5) Subscription group to define invoicing and accrual frequency

Here the invoicing option could be all at once but recognize over length of time