Configuring Total Revenue Amount

The Revenue Schedule Amount field has five picklist values. Each value corresponds to a field on the order product. When your revenue recognition treatment evaluates an order product, Salesforce Billing evaluates the corresponding order product field. It then sends the value of that field the revenue schedule's Total Revenue Amount field.

When you configure your revenue recognition treatments, choose the Revenue Schedule Amount value based on your revenue recognition needs for order products that fall under the treatment. For example, if you want to recognize revenue based on bookings amounts, set your revenue schedule amount to Bookings Amount. If your revenue recognition treatment evaluates an order product with a bookings amount of $5000, the resulting revenue schedule has a total revenue amount of $5000.

Let's review how each of these fields functions on the order product.

Bookings Amount

Represents the total amount that Salesforce Billing will invoice the order product for across all its billing periods. Many organizations that recognize revenue from the order product use this field for forecasting purposes.

On standard subscription order products, the bookings amount and total price are always the same. However, an evergreen subscription has no predefined end date, so its total amount can differ from the actual amount you bill for. To prevent inaccurate data, Salesforce Billing always sets the bookings amount for an evergreen subscription order product to 0.

Revenue Allocation Amount

Represents the revenue that has been allocated from the revenue element to revenue distributions. Different organizations have different ways of calculating revenue allocation, so the field doesn't have any value on the order product by default. You can populate it manually or use custom automation to provide a value based on your organization's requirements for calculating revenue allocation amounts.

Revenue Expected Amount

Represents the revenue that finance operations users expect to come from the revenue source. Different organizations have different ways of calculating expected revenue, so the field doesn't have a default value. You can populate it manually or use custom automation to provide a value based on your organization's requirements for calculating expected revenue amounts.

Revenue Liability Amount

Represents the amount of revenue liable for delivery for payments made in advance of delivering a service. Different organizations have different ways of calculating expected revenue, so the field doesn't have a default value. You can populate it manually or use custom automation to provide a value based on your organization's requirements for calculating revenue allocation amounts.

Transaction Amount

Represents the total amount of the sales transaction, and inherits its value from the order product's Total Price field. This field is useful for organizations that recognize revenue based on the full amount of the sales transaction.