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Manage Your Billing Processes with Salesforce Billing
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          Lifecycle Management Objects and Fields in Salesforce Billing

          Lifecycle Management Objects and Fields in Salesforce Billing

          Some field values on asset lifecycle management objects are system populated, and some are API populated. You can’t customize asset lifecycle management fields or add custom fields to asset lifecycle management objects. (Salesforce Billing Managed Package)

          Required Editions

          Available in Lightning Experience in Professional, Enterprise, Unlimited, and Developer Editions with Salesforce CPQ Plus and Salesforce Billing
          Note
          Note You can’t delete Asset Actions, Asset Action Sources, and Asset State Period records, but they don’t count toward your storage limits.
          • Lifecycle Management Fields on Assets in Salesforce Billing
            Lifecycle-managed assets have fields for recording asset lifecycle–related information and financial values. You can’t delete lifecycle-managed asset records. (Salesforce Billing Managed Package)
          • Asset Action Object and Fields in Salesforce Billing
            An asset action represents a change made to a lifecycle-managed asset. The fields can’t be edited and the records can’t be deleted. (Salesforce Billing Managed Package)
          • Asset Action Source Object and Fields in Salesforce Billing
            The asset action source object is an optional way to record what transactions caused changes to lifecycle-managed assets. Use it to trace financial and other information about asset actions. This object supports Salesforce order products and work order line items, and transaction IDs from other systems. The fields can’t be edited and the records can’t be deleted. (Salesforce Billing Managed Package)
          • Asset State Period Object and Fields in Salesforce Billing
            An asset state period represents a time span when an asset has the same quantity, amount, and monthly recurring revenue (MRR). An asset has as many asset state periods as there are changes to it (asset actions) during its lifecycle. The dashboard and related pages show the current asset state period. The fields can’t be edited and the records can’t be deleted. (Salesforce Billing Managed Package)
           
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          Salesforce Help | Article