Fixed Price Projects and Billing Plan

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Posted on by CRSW

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Hi I am pretty new to D365 BC and wanted if it is possible to handle fixed price Projects with the Project manager part and where to set a billing plan for those projects?

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Hello,

You should use the Job module and create a Project with a Fixed Price. In Jobs you can create billing based on actual incurred resources and items, percentage of completion, fixed billing, etc... To help, here is the link to Project Management (Jobs) setup and processing in BC:

docs.microsoft.com/.../projects-manage-projects

Here is a pic of a Job which I created 3 installment payments off a fixed price:

Within the Planning Lines the Billable line has a Unit Price and books to a Revenue account.

Hope this all helps.

Thanks,

Steve

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