Personalized Community is here!
Quickly customize your community to find the content you seek.
Choose your path Increase your proficiency with the Dynamics 365 applications that you already use and learn more about the apps that interest you. Up your game with a learning path tailored to today's Dynamics 365 masterminds and designed to prepare you for industry-recognized Microsoft certifications.
Visit Microsoft Learn
2022 Release Wave 1 PlanDynamics 365 release plan for the 2022 release wave 1 describes all new features releasing from April 2022 through September 2022.
2022 release wave 1 plan
The FastTrack program is designed to help you accelerate your Dynamics 365 deployment with confidence.
FastTrack Community | FastTrack Program | Finance and Operations TechTalks | Customer Engagement TechTalks | Upcoming TechTalks | All TechTalks
We have a 3 year Project contracted to be paid on Millstone by the customer- eg $100,000 on Contract signing, $50,000 on Installation etc. (Advances)
I need to invoice these to get $$ from the customer, We have similar agreement with the vendor.
These invoices are NOT related to work been done but just Advances.
I want to recognise revenue only when work is completed or when items are shipped .
How do i park the customer advances in the Balance sheet and then recognise only when the items are shipped?
what is account setup needed and what do i need to do to reverse advances and move to Revenue
If you don't get further responses to this issue, you may want to raise a support request to Microsoft support via your CSP / Partner.
Hi, can using Prepayment feature help you?
Hope this will help.
Hi DS22NAV ,
You can use the JOB card to declare the project and their milestone with Job Task, and for the part invoice and resource loading you can use the Job Planning Lines.
It will gives you the facility to create Billable and Budget plan simultaneously.
Thanks Andy-tried that . Awaiting reply
The method(s) for recognizing revenue are based on the Job WIP Method. There are about 4-5 standard setups. Based on what you stated you might use Completed Contract, Percent Complete or one of the others.
By using Job WIP, there are many account settings to drive the balance sheet and income statement accounts that are used in the process. There is a Job WIP process that you can run for all jobs or a single job. Using Job WIP streamlines your accrual (WIP) process as well as recognizing revenue and cost.
You should discuss with your partner and do lots of testing to find what suits you the best.
You can perform your Job Invoicing and setting these Milestone Payments as Job Planning Lines (Billable) and generate the billing when the milestone has been achieved. In the Job you will setup the WIP and Recognition method so your Project is recognized when completed.
It is not hared to setup Jobs. You can capture all the costs (internal and external) and resource time.
To help you, I am attaching the Jobs manual.
Hope this helps.
Business Applications communities