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Contracted Price Fields
Contracted prices allow you to negotiate a price for a product and then use that price on future quotes within the same account. Your page layout and field-level security settings determine which fields are visible and editable on contracted price records. (Salesforce CPQ Managed Package)
Required Editions
| Available in: Salesforce CPQ Spring ’16 and later |
Contracted Price Fields
- Contract
- If you auto-generated the contracted price, this field refers to the contract related to the quote. This allows users to quickly find the contract that established the contracted price.
- Description
- The description of the contracted price. This description is copied into the special price description of quote line items that use this price.
- Discount
- The discount percentage that your sales rep negotiated with their customer. During quote line list price calculation, Salesforce CPQ applies this discount to the product’s price book entry. Salesforce CPQ ignores any block pricing on the product. You can set either a price or a discount on a contracted price record, but not both.
- Discount Schedule
- If you generated a contracted price from a product that has a discount schedule, then this field refers to the discount schedule on the product record. If you manually created the contracted price, you can define the discount schedule on the contracted price record. As long as the contracted price is active, the discount schedule on the Contracted Price record overrides the discount schedule on the product record.
- Effective Date
- When a sales rep adds a product with a contracted price to a quote, Salesforce CPQ evaluates the current date. If the current date falls between the contracted price’s effective date and expiration date, including both of those dates, Salesforce CPQ uses the product’s contracted price instead of the product’s price book price.
- Expiration Date
- When a sales rep adds a product with a contracted price to a quote, Salesforce CPQ evaluates the current date. If the current date falls between the contracted price’s effective date and expiration date, including both of those dates, Salesforce CPQ uses the product’s contracted price instead of the product’s price book price.
- Filter Field
- The quote line field that’s evaluated to determine whether this contracted price applies.
- Filter Value
- The value that the filter field is tested against to determine whether this contracted price applies.
- Non Discountable
- Salesforce CPQ prevents further discounting for the product related to this contracted price.
- Operator
- The operator that’s used to evaluate the Filter Field value against Filter Value.
- Original Quote Line
- The quote line that originated this contracted price.
- Price
- The price your sales rep negotiated with the customer. During quote line price calculation, this value overrides the quote line’s list unit price. You can set either a price or a discount on a contracted price record, but not both.
- Product
- All quote lines for this product on this account receive the contracted price defined in this record.
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