Set contract dates and term

  • Release version: Yokohama
  • Updated January 30, 2025
  • 1 minute to read

    • You can set contract pricing to a quote or quote line items including start and end dates in Quote Management. After the dates are set on the quote header, the new line items will be defaulted to those dates.

    Before you begin

    Role required: sales_agent

    About this task

    Contract pricing is a pricing model where customers pay a recurring fee for products or services, typically at regular intervals such as monthly or annually.

    In a quote, you can set the contract pricing start date and end date, or you can enter a term and the contract end date is automatically calculated.

    Contract pricing can be added at the quote header level or at the quote line item level.

    See Subscription revenue metrics for more information about how subscription pricing works.

    Procedure

    1. In the CSM Configurable Workspace, select the List view.
    2. Navigate to Quotes > All
    3. Select the quote that you’re working with.
    4. In the Quote Details tab, add a Contract pricing start date and a Contract pricing end date.
      When the dates are entered, the following information automatically updates.
      Field Description
      Total monthly recurring price Shows the monthly recurring price based on the dates entered in contract pricing.
      Total annual recurring price Shows the total annual recurring contract pricing based on the dates entered.
      Total amount Shows the total amount of the contract pricing according to the subscription pricing start and end dates.
      Term Shows the number of months the subscription is valid based in the start and end dates.
    5. Select Save.