Explore advanced subcontract capabilities
Important
This content is archived and is not being updated. For the latest documentation, go to Project Operations updates. For the latest release plans, go to Dynamics 365, Power Platform, and Cloud for Industry release plans.
| Enabled for | Public preview | General availability |
|---|---|---|
| Users by admins, makers, or analysts | 
Feb 2, 2024 |
Mar 31, 2024 |
Business value
The subcontracts feature provides better visibility across the organization, from the project manager to the accounts payable clerk who records vendor invoices. Vendor-reported time, expense, and material consumption are automatically registered to streamline the three-way match process and ensure that the correct vendor invoices are posted, and the project cost is always up to date. This feature helps the finance team generate projected cash flow for the subcontract purchase orders.
Feature details
Project manager-created and managed subcontracts are visible to the accounts payable department as a purchase order. Receipts for those purchase orders are automatically created by the system when the subcontractor reports completion of work. The accounts payable clerk will be able to match the vendor invoice to the reported work by leveraging existing three-way match policy configuration capabilities in Microsoft Dynamics 365 Finance. This feature helps ensure incorrect vendor invoices aren't accepted by the accounts payable clerk.