Project contract billing rule types in Microsoft Dynamics 365 Finance and Operations one version

Rule name

Project types applicable

Solution notes

Milestone

Fixed price, Time and material

Create an invoice for a specified amount when a milestone date is reached

Progress

Fixed price

Create an invoice when a predetermined percentage of work is completed

Time and material

Time and material

Fee

Create a project invoice for administrative fees, such as a change order fee. Invoice a customer for your services plus a management fee, typically a percentage of the cost of services.

Unit of Delivery

Create an invoice when a specified unit of delivery is completed for a project