Overview of Dynamics 365 Project Service Automation 2019 release wave 2
Some of the functionality described in this release plan 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
Dynamics 365 Project Service Automation helps you to win and deliver projects on time and within budget, while optimizing resource utilization. The application has pricing, sales, resourcing, time and expense, and invoicing management capabilities, along with some project task and work breakdown structure (WBS) functionality. The product team’s investments for this release and the next one focus on providing a modular offering for organizations with project-based services. This offering will seamlessly bring together capabilities across Microsoft Project, Project Service Automation, and the Service industries module within Dynamics 365 Finance to enable a frictionless and functionally rich Quote to Cash for projects.
Dynamics 365 Project Service Automation currently leverages Microsoft Power Platform and Common Data Service to help our customers connect and build end-to-end business solutions for project organizations with rich pricing, costing, and resource management experiences. With Microsoft Project replatforming to Common Data Service, we will be uniquely positioned to deliver a competitive set of project-planning and task-scheduling capabilities. Our customers will be able to deliver successful projects with this expanded project management functionality.
The Service Industries module within Dynamics 365 Finance delivers project accounting, with revenue recognition and customer-facing invoicing that leverages date-effective exchange rates and a rich sales tax feature set. Our customers will be able to better manage invoicing, cash flow, and project accounting with this expanded financial capability brought into our solution.
The themes for this and the next release wave are:
- Leverage the best of Office and Dynamics 365 solutions for project management
- Model alignment with project functionality in Finance
We are currently reworking our engineering and release timelines for this feature set so stay tuned as we strategize on the best path forward for our customers. The timelines will be updated in the coming weeks.