FAQs – Product Schedules by GSP

 This information is on the Committed Revenue This FY report. 

 The Product Schedules App allows you to schedule revenue or quantity for a single opportunity product for 60 schedules, so you can use one product. 

 Set them for as long as you can recognize the revenue or quantity. Remember, this can be a different frequency to the invoicing.  

 In the app, you can set product schedule targets at the salesperson and team levels. 

 They link to salesperson targets because the scheduled date falls within the month of the target record. The target owner and opportunity owner will also be the same user. 

 This projection method sets a value for the first month based on the Start Date. We assume thirty days in the month; if the Start Date is the 18th, the first schedule will be the value for 12 days. If we also assume that you entered 12 months for the # Schedules, the first schedule is followed by eleven schedules of equal value. The balance (18 days) is added to a final schedule at the end, i.e., a thirteenth schedule. In other words, the app pro-rates the first month and adds the balance to a final schedule at the end.

 You can modify the Product Schedules associated with Opportunity Products in two ways: via the Mass Edit Schedules Page or by editing a product schedule via the related list.   

 This information is available on the individual salesperson schedule target record and on the salesperson target dashboard.  

 The Product Schedules app has a set of default fields that will suit most businesses. Nevertheless, if you need additional fields unique to your business, you can easily add custom fields to Product Schedules. 

 You can control the visibility of the Product Schedule using the standard features and Profile controls. However, remember that ideally, any user that can update an Opportunity Product needs edit access to the related Product Schedules to ensure the functionality works. 

Here are the best practices for using our app:

1. Determine the Business use case for Revenue or Quantity Schedules
2. Choose the right Projection Method
3. Get the most out of Reporting & Dashboards
4. Linking the Actuals

You have a choice:

1. Enter the schedule parameters (# Schedules, Schedule Start Date) once the Opportunity Products are created.
2. Enter the schedule parameters on each Quote Line Item, and have these sync to the Opportunity Products.

In either case, the app will automatically create the appropriate Product Schedules. 

 You can add any roll-up fields you wish onto the target records.  

Yes, if you modify the quantity, sales price, schedule date, or number of schedules, the schedules recalculate. 

 You can use the app with multi-currency. However, standard SFDC doesn’t support dated exchange rates for custom objects. Please get in touch if you use dated exchange rates. 

By default, in the Product Schedule app, when you update the Close Date of a pipeline Opportunity, the Schedule Date of all Product Schedules moves by the same number of days.