Project type
A project type is a category – such as Time & Material, Fixed-Price, or Internal – that dictates how a project will be billed, how costs will be recognized, and how resources will be tracked. D365 uses this to apply the correct business logic.
Why is the project type configuration important in D365?
Selecting the correct project type is the most critical configuration decision you make when starting a new engagement in D365, as this selection dictates the entire accounting, invoicing, and revenue recognition logic for the life of that project. Choosing the wrong type can lead to massive revenue-recognition errors and compliance failures during your financial close.
If your finance team is struggling with "manual intervention" to fix billing errors for specific projects, it is likely that your project types are not correctly mapped to your contract terms. We help you design a standardized set of project types that match your commercial offerings, ensuring that every engagement is automatically billed and recognized correctly by the system.
Maintaining robust financial logic demands dedicated, proactive technology management. Engaging an experienced technical team under a professional Dynamics 365 consulting contract guarantees that your project-type configurations remain fully performant.
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Who are we?
We're DeliveredSoft, an Microsoft Dynamics 365 Partner based in Europe. With experts in Poland, Denmark and Spain, we build custom solutions using Microsoft Dynamics 365 for clients across a range of industries.