Billing schedules


Some of the functionality described in these release notes has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned

Enabled for Public preview General availability
End users by admins, makers, or analysts February 2020

Feature details

Billing schedules let you create flexible billing rules against customer sales orders. For example, you can define a different billing schedule for each line of a sales order.

Currently, you can use payment schedules to immediately post the full amount of a sale to accounts receivable distributed over the periods defined in the payment schedule.

Billing schedules post the full sale amount to unbilled accounts receivable and then create invoices based on the billing schedule. Each invoice will create an accounting entry to move the balance from unbilled accounts receivable to accounts receivable. This lets future periods remain on hold until the invoice is posted.