Revenue recognition
Revenue recognition is the accounting principle that dictates when income is recorded in the financial statements. D365 automates this by applying rules that align revenue recording with the delivery of goods or the completion of service milestones.
How does D365 automate complex revenue recognition policies?
Revenue recognition is one of the most critical accounting functions for any service-based business, as complex accounting standards like IFRS 15 require that you only recognize income when the specific performance obligations have been met, not just when the invoice is sent. D365 provides the automated engines required to split your billing from your recognition, ensuring you are always audit-ready.
If your finance team is manually adjusting ledgers to defer revenue properly, you are at a high risk of audit failure and significant reporting discrepancies. We help you configure automated revenue recognition schedules, ensuring your financial statements always reflect your true delivery status rather than just your billing activity.
Maintaining compliant revenue reporting demands dedicated, proactive technology management. Engaging an experienced technical team under a professional Dynamics 365 implementation contract guarantees that your revenue recognition engines 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.