How to Set Up Product Records for Scheduling

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How to Set Up Product Records for Scheduling

In a previous blog, we discussed what product schedules are and how to enable them from a system perspective.  However, the customizability of product schedules allows you to create unique schedules by product.  In order to follow along in this blog, ensure that product schedules are enabled.  To do this, navigate to Product Schedule Settings and ensure that the appropriate schedules types are enabled.  For this blog, I am going to make sure both schedules types are enabled.

Types of Schedules

Next, navigate to the Product object in Salesforce and find the Page Layout you’re using.

Types of Schedules

From the Fields section of the Layout Editor, drag in both schedule boolean fields and click save.

Schedule Type

Once you do this, navigate to any Product in Salesforce and click edit on the Product record.  Once you do that, you will be able to see the fields that you added into the layout.  Those fields show if Revenue and Quantity Schedules are active.  The other two fields show what type of schedule is associated with each of the schedule types.

Schedule Type

The two default types of schedules for both quantity and revenue are Divide Amount into Multiple Installments and Repeat Amount for Each Installment.  Let’s define what those mean a little more:

 

Divide Amount into Multiple Installments – An example of this schedule type would be a customer who buys 1000 units with 20 monthly installments.  Salesforce would create 20 records on the OpportunityLineItemSchedule object each giving 50 of the product per month.  This essentially divides the rollout equally out over the course of the term.

 

Repeat Amount for Each Installment –   An example of this schedule type would be a customer who buys 80 units with quarterly installments.  Salesforce will again create records on the OpportunityLineItemSchedule object until the amount sold (in this case 80) is met.  Once that happens there will not be further records created on the OpportunityLineItemSchedule object.

 

Additional Resources

Cover Photo by Andrik Langfield on Unsplash

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