D-Tools has released D-Tools Cloud Release #104, an update to its cloud-based business management platform that introduces 57 enhancements, led by optional revenue recognition for project billing. Available to subscribers from November 12, the update allows systems integrators to hold customer deposits as a liability until equipment and labour are delivered, releasing funds into earned revenue only when a delivery invoice is posted.
Within the updated billing workflow, project items are flagged for recognition once they reach a user-defined delivery status. A dedicated Revenue dashboard tracks deferred and recognised revenue across open projects, highlights over- or underbilled jobs and converts eligible items into delivery invoices in bulk. Requests for payment bill against a project’s payment schedule with tax included, and integrators can toggle revenue recognition on or off without losing historical invoices or accounting links.
G Paul Hess, CEO of D-Tools, said: “Most integrators collect a deposit before the first device is installed, and that money isn’t revenue until the work is delivered. Release #104 builds revenue recognition into project billing. As equipment and labor are delivered, D-Tools Cloud shows what’s been earned, what’s still deferred and which projects are over or underbilled across the whole business, so owners and their accountants can see earned and deferred revenue project by project.”
Both requests for payment and delivery invoices export to QuickBooks Online, QuickBooks Desktop and Xero, with deposits mapped to designated liability accounts and reusable tax mappings supported for Xero. Bidirectional purchase order and invoice numbering now syncs between D-Tools Cloud and QuickBooks Online. Elsewhere, Release #104 unifies staff scheduling and availability checks across screens, adds iCalendar-compatible meeting invitations, introduces a Labs programme for administrator-controlled early feature previews, and adds QR label printing for Brother thermal printers via a new desktop print agent.
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