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Default Product schedule behavior with examples

Knowledge Article Number 000199683
Description
Schedules determine the payment (Revenue) and delivery cycles (Quantity) for a product over a given period of time (Installment Period & Number of Installments).
 
Consider setting default schedules for Products if all your customers make product payments on the same timetable or you deliver products on a regular schedule. However, if your users typically customize schedules, there’s no advantage to creating default schedules.
 
Note
If a product has both a default quantity and revenue schedule, Salesforce calculates the quantity schedule first. The quantity schedule determines the total product revenue, which is used to determine the revenue schedule.

See Also:
Resolution
Examples of how a default schedule on a Product would apply when adding it as an Opportunity Product:

 
Adding a Product with a default Quantity Schedule Type: Divide Amount into multiple installments
Number Of Quantity Installments: 5
Quantity Installment Period: Monthly
 
As an Opportunity Product with the following details
Quantity: 100
Sales Price: 1.00
Date: 9/1/2014
 
Result: 5 Opportunity Product schedule (OpportunityLineItemSchedule) installments with Quantity set to 20 for a period of 5 months starting 9/1/2014.  Where the quantity on each installment equals the Opportunity Product's quantity input of 100 divided by the number of revenue installments set in the product's default quantity schedule.  All installments totaled will be equal to the Opportunity Product's Quantity.

 
Adding a Product with a default Quantity Schedule Type: Repeat Amount for each installment
Number Of Quantity Installments: 5
Quantity Installment Period: Monthly
 
As an Opportunity Product with the following details
Quantity: 20
Sales Price: 1.00
Date: 9/1/2014
 
Result: 5 Opportunity Product schedule (OpportunityLineItemSchedule) installments with Quantity set to 20 for a period of 5 months starting 9/1/2014.  Where the quantity on each installment equals the quantity input when adding the Opportunity Product (20).  The Opportunity Product's resulting quantity of 100 equals the number of default quantity installments (5) times the quantity selected (20).

 
Adding a Product with a default Revenue Schedule Type: Divide Amount into multiple installments
Number Of Revenue Installments: 5
Revenue Installment Period: Monthly
 
As an Opportunity Product with the following details
Quantity: 5
Sales Price: 20.00
Date: 9/1/2014
 
Result: 5 Opportunity Product schedule (OpportunityLineItemSchedule) installments of 20.00 each for a period of 5 months starting 9/1/2014.  Where the revenue on each installment equals the Opportunity Product's Total Price of 100 (Quantity (5) * Sales Price (20)) divided by the number of revenue installments set in the product's default revenue schedule. 

 
Adding a Product with a default Revenue Schedule Type: Repeat Amount for each installment
Number Of Revenue Installments: 5
Revenue Installment Period: Monthly
 
As an Opportunity Product with the following details
Quantity: 1
Sales Price: 20.00
Date: 9/1/2014
 
Result: 5 Opportunity Product schedule (OpportunityLineItemSchedule) installments of 20.00 each for a period of 5 months starting 9/1/2014. Where the revenue on each installment equals (Quantity * Sales Price) selected upon adding the Opportunity Product.  The Opportunity Product's Total Price equals ((Quantity * Sales Price) * the number of revenue installments set in the product's default revenue schedule.




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