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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 59 - Certified Revenue Cloud Consultant Accredited Professional discussion

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How does Hold Billing work?

A.
It Prevents invoice document generation and stops email notificationsfrom going outto the customer.
Answers
A.
It Prevents invoice document generation and stops email notificationsfrom going outto the customer.
B.
The Hold Billing field is set to ''yes'' until the order is activated. Upon order activationthe field will be automatically set to ''no''.
Answers
B.
The Hold Billing field is set to ''yes'' until the order is activated. Upon order activationthe field will be automatically set to ''no''.
C.
It suspends invoicing for that order product until the field is set to ''no'', Invoices lineswill be created to account for the time when hold billing was set to ''yes''
Answers
C.
It suspends invoicing for that order product until the field is set to ''no'', Invoices lineswill be created to account for the time when hold billing was set to ''yes''
D.
It suspends invoicing for that order product until the fieldis set to ''no'', Invoices lineswill be created only for invoices after hold billing was set to ''yes''.
Answers
D.
It suspends invoicing for that order product until the fieldis set to ''no'', Invoices lineswill be created only for invoices after hold billing was set to ''yes''.
Suggested answer: C

Explanation:

Hold Billing is a feature of Salesforce Revenue Cloud that allows businesses to control when an order product is invoiced, based on certain criteria or events. By setting the Hold Billing field to Yes on an order product, the billing process is paused for that order product and all its usage summaries. This means that no invoice lines or invoice documents are generated for the order product until the hold is released. The hold can be released by setting the Hold Billing field to No or null, either manually or automatically through a workflow or trigger. When the hold is released, Salesforce Billing will create an invoice as soon as possible, and include all the invoice lines that were accumulated during the hold period. This ensures that the customer is billed for the full amount of the order product, regardless of the hold duration. For example, if an order product has a monthly billing frequency and a hold billing period of two months, the first invoice after the hold will include three invoice lines: one for the current month and two for the previous months when the hold was active.Reference:

https://help.salesforce.com/s/articleView?id=sf.blng_hold_billing.htm&language=en_US&type=5

https://trailhead.salesforce.com/users/officialblaze/trailmixes/revenue-cloud-get-started-with-billing

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asked 23/09/2024
Robert McConnell
32 questions
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