Auto-Generating a Contracted Price

by Community Manager on ‎02-29-2016 03:42 PM - edited on ‎05-26-2016 02:50 PM by Community Manager

This feature allows you to auto-generate a Contracted Price when an Opportunity is contracted.  You can define whether a contracted price should be auto-generated on the Product as well as the Quote Line, with the quote line definition taking precedence.

 

Auto-generating contracted prices for MDQ is not supported.

 

ADMINISTRATION

To auto-generate a contracted price from a product: 

  1. Navigate to a desired Product.  
  2. Click Edit on the Product details page.  
  3. Choose Yes from the Generate Contracted Price field.  You may need to add this to the Page Layout first.  
  4. Click Save.   

 

To auto-generate a contracted price from a Quote Line: 

  1. Navigate to a desired Quote Line  
  2. Click Edit on the Product details page.  
  3. Choose Yes from the Generate Contracted Price field.  You may need to add this to the Page Layout first.  
  4. Click Save.   

After generation, you can find the Contracted Price records on the parent Account's Contracted Price related list. As of Minor Release 25.1, the Contract and Original Quote Line fields will automatically be populated within this related list.

 

For additional information, review Contracted Pricing.

Note: Only one contracted price can be stored per product per account (this is standard functionality.)  If you are auto-generating a contracted price on a product that already has a price stored, it will cause the contracting process to fail.  

Note: SteelBrick CPQ Best Practice is to ensure that Product and Quote Line Flags are set to Do Not Generate. 

Contributors