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A Revenue Cloud User story states '' Sales Users shouldhave the ability to create newquotes with established rate cards and account specific discounts because currentcustomers are entitled to the pricing that was originally negotiated''.In addition to loadingdata to Accounts,contracts,Quotes what other object will need toabsorb legacy data?
Which Revenue Cloud Feature can` be customized to provide an aggregated view of thecurrent goods and services on a contract?
Some of the users at universal containers have faced long processing times during quote document generation. What can be done to reduce the processing times for document generation?
Universal Containers is beginning the process of SKU rationalization as part of their Revenue Cloud project. They have been advised that rationalizing their product catalog will reduce complexity and increase flexibility. Which three areas can they look to consolidate products?
Universal Containers has three product families - Hardware, Software and Services. Their Sales Reps want to be able to view the net totals of various product families at the quote level. In order to support this, the CPQ admin has created three price rules that use summary variables to add the net total for quote lines that belong to a particular product family and intend to populate the sums to custom fields on the quote record. From a performance standpoint, which of the following is true?
What are three reasons why you would need an AppExchange Solution tosupportgenerating a Document in support of a Revenue Cloud Project?
A Company that sells hardware and software has a project Requirement to migrate legacyInstall base into salesforce CPQ along with the contract. Which objects will need to be populated for this effort?
A Revenue Cloud user story states: 'Sales users should have the ability to create new quotes with established rate cards and account specific discounts because current customers are entitled to the pricing that was originally negotiated'. In addition to loading data to Accounts, Contracts, Quotes what other objects will need to absorb legacy data?
A Revenue Cloud customer has posted an invoice and now wants to add on more items from another order associated to that account. Without using invoice batches, how can this be accomplished?
An invoice run with a target date of 6/1/20 has completed with no errors.an orderproductwith a next billing date of 6/1/20 did not generate an invoice line.which of the following ields might hold a value that would account for this?

Question 15 - Certified Revenue Cloud Consultant Accredited Professional discussion

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What are three risks when using too many cross object formula fields in aRevenue Cloud Project?

A.
Formula field data is not always availableduring CPQ quote calculation
Answers
A.
Formula field data is not always availableduring CPQ quote calculation
B.
Formula fields have unlimited access to object manyrelationships away which makesit vulnerable to data changes.
Answers
B.
Formula fields have unlimited access to object manyrelationships away which makesit vulnerable to data changes.
C.
They are computationally Expensive.
Answers
C.
They are computationally Expensive.
D.
They can easily exceed limits if not carefully designed and tested
Answers
D.
They can easily exceed limits if not carefully designed and tested
E.
Formula Fields are editable, after the calculation completes the sales user or processautomation can overwrite its value
Answers
E.
Formula Fields are editable, after the calculation completes the sales user or processautomation can overwrite its value
Suggested answer: A, C, D

Explanation:

Cross object formula fields are fields that reference data from related objects using lookup or master-detail relationships. They can be useful to display information from parent or child objects without creating custom code or workflows. However, using too many cross object formula fields in a Revenue Cloud project can pose some risks, such as:

Formula field data is not always available during CPQ quote calculation. This means that the formula fields may not reflect the latest values from the related objects when the quote is being generated or updated. This can cause inaccurate pricing, discounts, or taxes. To avoid this, it is recommended to use CPQ fields or custom fields instead of cross object formula fields for quote calculation.12

They are computationally expensive. This means that the formula fields require more processing power and time to evaluate and display the data from the related objects. This can affect the performance and responsiveness of the application, especially if there are multiple formula fields on the same object or page layout. To avoid this, it is recommended to limit the number and complexity of cross object formula fields, and use filters or conditions to reduce the number of records that need to be evaluated.34

They can easily exceed limits if not carefully designed and tested. This means that the formula fields can cause errors or warnings if they exceed the maximum length, number, or level of relationships allowed by Salesforce. For example, a formula field can only reference up to 10 unique relationships and span up to five levels of relationships. If these limits are exceeded, the formula field will not save or display correctly. To avoid this, it is recommended to review the formula field limits and best practices, and test the formula fields in different scenarios and environments.

1: Lookup Price Rule query considerations with Salesforce CPQ [7]

2: Salesforce CPQ Quote Calculation Stages [8]

3: What Is a Cross-Object Formula? - Salesforce [9]

4: Tips for Reducing Formula Size and Complexity - Salesforce [10]

5: Formula Field Limits - Salesforce [11]

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asked 23/09/2024
Styliani Simoiridou
43 questions
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