(this topic was openend from comments to another post)
In our implementation of AX, we were told that only on Time&Material would be possible to have invoices for both services and products and that would not happen for projects of Fixed Price.
When we showed a couple of posts that would say otherwise, we were told that it is actually a limitation as a result of localization to Brazil. It still does not sound right to me.
From what I read, Fixed Price differ from Time and Material at start because you need Estimates to start with, but when you actually give work progress and stablish a percentage of the job accomplished, you then release all items (time, expenses and materials) to the system in such way that from that moment it would be treated by the system as any other time & material items would (in terms of what is being accountable for profits and losses, but the invoice itself is for the percentage of the end product, not time&material).
If this reading of mine is correct, it is liking to say that Fixed Price is a potential Time & Material project that is released from time to time as percentage complete advances. Any think that would work in terms of invoicing, price/cost accountability and etc would then be the same.
Does it sound possible that a localization to some language may disrupt the application of Fixed Price and then we should consider that only Time & Material is an option for us to work with invoices for both products and services?
Can we actually say that Fixed-Price has "one step prior" to Time&Material, but once you determine the progress against the estimate, the items release are "of the type" or "like" any Time&Material project?
Thank you for your time if you can spare,
Peter.
