About subscriptions and accrued revenue [AX 2012]

Updated: October 19, 2012

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

A subscription is an agreement between your organization and a customer. This agreement requires the customer to prepay for periodic or regular services. A subscription can be used for Fee - subscription transactions that are created for a Time and material project. These transactions are then applied to the Accrued revenue - subscription account. The transactions can also be viewed in a profit and loss statement.

To post the accrued revenue on a subscription, the Accrue revenue check box in the Subscription groups form must be selected for the subscription group that the subscription is assigned to.

When you invoice transactions for which revenue has been accrued, the Accrued revenue - subscription account is debited by the same amount that the Invoiced revenue account is credited. As a result, revenue in the profit and loss account becomes 0 (zero).

When accrued revenue is posted, the WIP - subscription account is debited by the accrual amount, and the Accrued revenue - subscription account is credited by the accrual amount.

If you reverse an accrued transaction, the Accrued revenue - subscription account is debited by the same amount that the WIP - subscription account is credited.

NoteNote

You cannot post accrued revenue until the invoice for the subscription is posted.


Announcements: To see known issues and recent fixes, use Issue search in Microsoft Dynamics Lifecycle Services (LCS).

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