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Manage Your Quotes with CPQ
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            Renew from the Contract Record

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            Renew from the Contract Record

            Renew one of your contracts directly from the contract record. This process is useful if you don’t need to renew several contracts into the same renewal quote. (Salesforce CPQ Managed Package)

            Required Editions

            Available in: All Salesforce CPQ Editions
            1. Make sure that your account has a contract-based renewal model.
            2. Click Renewal Forecast on your contract, and then save your changes.
              Salesforce CPQ creates a renewal opportunity on your account. The renewal opportunity contains opportunity products for all the subscriptions on your original quote. It has a close date equal to your contract’s end date.
            3. Click Renewal Quoted on your contract.
              Salesforce CPQ creates a renewal quote and associates it with the renewal opportunity. The renewal quote starts one day after the renewal opportunity’s close date and has an end date based on your contract’s renewal term. It contains all the subscription products and subscribed assets from the quote you renewed.
            Example
            Example

            You have a contract that runs from 01/01/2018 through 12/31/2018, with a renewal term of 12. The contract contains the following subscriptions.

            SubscriptionStart DateEnd Date
            Cloud Storage 01/01/2018 12/31/2018
            Data Security 01/01/2018 12/31/2018
            Server Management 05/01/2018 12/31/2018

            When you made your quote, your customer decided not to start your server management coverage until May. However, they now want to renew all three subscriptions for a full year of service.

            When you click Renewal Quoted, Salesforce CPQ creates a renewal opportunity with a close date of 12/31/2018. Your renewal quote has a start date of 01/01/2019. Because your contract had a renewal term of 12 months, your renewal quote has an end date of 12/31/2019.

            You can also skip clicking Renewal Forecast and click Renewal Quoted to create your renewal opportunity and renewal quote at the same time. However, we recommend using Renewal Forecast so you can track pipeline opportunities for record-keeping purposes before finalizing the renewal quote.

            Your renewal opportunity’s Renewal Contracts related list also contains a lookup to the contract or contracts that initiated the renewal.

             
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