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Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / Fixprice Project and a...
Finance | Project Operations, Human Resources, ...
Suggested Answer

Fixprice Project and additional Fees, Expenses on top of the fixprice

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Posted on by CU12091050-0 8
I create a contract with a Fixprice Project. 
Than I generate a payment plan with fixed prices. Example 4 x 25000 €. 
Is it possible to post travel expenses additionally to the fixed price project.
Or do I have to create a new Time & Material contract line project where I post the travel expenses in order to invoice everything together.
 
It would be nice to have only one contractline instead of two.
 

 
 
I have the same question (0)
  • Suggested answer
    BusyIntelligence Profile Picture
    BusyIntelligence 562 on at
    Hi, you have to create a second contract line, but regarding the same project.
    So, there's no extra project needed, but just an extra t&m line.
    On the fixed price contract line you set No to the fields Include Expense en Include Fee and you set Yes to Include Time.
    On the t&m contract line you set these three fields the other way around.
     
    Good luck!
  • Suggested answer
    Karthik.Sompalli Profile Picture
    Karthik.Sompalli 28 on at

    In D365 Project Operations, when working with a fixed-price contract, travel expenses or any additional costs cannot be directly invoiced under the fixed-price contract line. The fixed price is tied to specific deliverables or milestones, and additional costs like travel expenses need to be handled separately.

    To invoice travel expenses, you will need to create a new Time & Material (T&M) contract line for the same project. This allows you to post travel expenses and other variable costs under that T&M contract line while keeping them separate from the fixed-price agreement. Both the fixed-price milestones and the travel expenses under T&M can be invoiced together in the same invoice.

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