- The article discusses the process of setting up revenue deferrals in Dynamics 365 Finance.
- Users need to enable the Subscription billing solution by disabling the Revenue recognition feature first.
- Items can be set up for deferral using options like Table, Group, or Category.
- Deferral defaults need to be defined to specify the main accounts for recording deferral figures.
- Billing schedule groups can be set up with options like billing frequency, which is needed for creating billing schedules.
- Billing schedules are created by selecting the billing schedule group, customer, start date, and frequency.
- Invoices can be generated by selecting the item number, enabling deferred check, and generating invoices for valid lines.
- The revenue recognition process involves transferring deferred revenue to revenue by running the recognition process or scheduling a batch job for auto posting.
Registered users can view the full text for FREE!
Sign In Now!
