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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 64 - Certified Revenue Cloud Consultant Accredited Professional discussion

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What fields are required on the usage record to load and rate the usage?

A.
start date time,end date time,matching attribute,unit of measure,quantity,usage summarylookup
Answers
A.
start date time,end date time,matching attribute,unit of measure,quantity,usage summarylookup
B.
start date time,order product ID,unit of measure,quantity,usage summary lookup,account
Answers
B.
start date time,order product ID,unit of measure,quantity,usage summary lookup,account
C.
Account,order,order product,usage summary start date time,end date time,quantity
Answers
C.
Account,order,order product,usage summary start date time,end date time,quantity
D.
start date time,end date time,matching ID,matching Attribute,Unit of measure,quantity
Answers
D.
start date time,end date time,matching ID,matching Attribute,Unit of measure,quantity
Suggested answer: D

Explanation:

In Salesforce Revenue Cloud, usage records are a key component of the usage-based pricing model.They track the consumption of a product or service over a predefined time period1.

The required fields on the usage record to load and rate the usage are:

Start Date Time: This field represents the start of the usage period1.

End Date Time: This field represents the end of the usage period1.

Matching ID: Salesforce Billing uploads usage only to usage summaries with matching IDs1.

Matching Attribute: Usages are rated against usage summaries where the Matching ID, Matching Attribute, and Unit of Measure fields all match1.

Unit of Measure: This field represents the unit in which the usage is measured1.

Quantity: This field represents the amount of usage1.

These fields are essential for accurately tracking and billing usage-based products or services.They allow Salesforce Revenue Cloud to calculate charges based on the actual consumption of a product or service, which can be more flexible and customer-friendly than flat-rate pricing2.

Reference

Usage Summary and Usage Fields - Salesforce

Usage-Based Products - Salesforce

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asked 23/09/2024
William Takashi Chan
34 questions
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