Subscription Billing
Subscription billing in Business Central: a feature set for managing subscription contracts, running recurring billing, recognizing subscription revenue, and running usage-based billing via CSV or custom API import. The video states it is part of the essential Business Central license.
- Subscription billing feature introduction
- Contract and subscription management capabilities
- Recurring billing and revenue recognition
- Usage-based billing and licensing
Overview
A short introduction to the subscription billing feature set in Business Central. It covers managing subscriptions with properly documented contracts, including terms, services, billing frequency, renewals and termination conditions.
It also describes running the recurring billing process to fit your billing rhythm, recognizing subscription revenue in line with your finance reporting cadence, and running usage-based billing by importing quantities and prices. The video says subscription billing is part of the essential Business Central license.
Key points
- Subscription billing is a feature set for managing subscriptions with properly documented contracts.
- Contracts can be managed with the correct term, services, billing frequency, renewals and termination conditions.
- The recurring billing process can be adapted to your billing rhythm so subscription bills go out on time.
- Subscription revenue can be recognized following your reporting cadence in finance.
- Usage-based billing works by importing quantities and prices for the recurring billing process via CSV file or custom API.
- The video states subscription billing is part of the essential Business Central license.
Features
Every feature below: status not stated.
| Feature | At |
|---|---|
| Subscription billing feature set | 0:03 |
| Recurring billing process | 0:23 |
| Subscription revenue recognition | 0:23 |
| Usage-based billing | 0:37 |
Quotes
- 0:03 “we have added a new subscription billing feature set it gives you the tools to manage subscriptions ensuring contracts are properly documented”
- 0:03 “manage with the correct term for the services billing frequency renewals terms and termination conditions”
- 0:23 “you to run the recurring billing process in a way that can be adapted to your billing Rhythm and get subscription build on time”
- 0:23 “it also allows you to recognize subscription Revenue that follows your reporting Cadence in finance”
- 0:37 “subscription billing enables you to run usage based billing for your subscriptions by importing quantities and prices”
- 0:37 “subscription billing is part of the essential business Central license”