The next a concept that we are going to talk about in this section of Product Management is product
scheduling.
So basically what does product scheduling say for example consider our transaction.
You pay the amount and then purchase a product.
That's it.
So that is a simple straightforward transaction.
Right.
But what if you want to schedule that transaction meaning you want to purchase the product on a regular
basis.
So you are scheduling that purchase.
So that is called less products giddily and in product scheduling.
We have two types.
That is the quantities you're dueling.
The other is the revenue scheduling quantities scheduling meaning the quantity is good you'd say for
example.
You purchase some more magazine subscription so you receive the magazine on a regular basis.
All right to see weekly magazine or a monthly magazine every month you receive that magazine.
That is a product.
So that does contract quantities good dueling and the other does the revenue scheduling the revenue
scheduling is something like.
Now sometimes companies offer installments.
All right.
So for example you will put JSA television.
All right.
And they offer installments that and you can pay that amount in multiple installments.
So in this scenario the revenue is being scheduled.
That is the money is being scheduled.
So that does call does have revenues could you squandered this scheduling as the scheduling in which
the quantity is could you would.
And the revenue scheduling the revenue is scheduled.
So that is about the concept of quantity Skidoo and revenue skidoo.
Now let's go to all our sales force development edition and let's understand how to do this scheduling.
So in products we already created this best product.
Right.
So now let's do this scheduling for this Test Product as you see here.
There are basically no related list out here that says scheduling.
Why.
Because scheduling feature is not any big to you was the feature of scheduling product scheduling.
You first need to enable that functionality.
So how would you enable that functionality go to set up check for scheduling so on the products you
would have this option off product schedule settings.
Go for it and here you need to specify which are all the types that you need to enable enable quantity
scheduling and whether you want to enable or dollar for all products enabled revenue scheduling and
whether you wanted to enable for all products.
And this is for lightning experience.
So that is different.
So this is for the schedule types.
So we have enabled that now.
Save it.
Perfect.
Now that we have enable that feature of products scheduling.
No let's understand how we use that functionality.
So go to products
let's consider this product.
Jen Ward D.A. 200 kW.
All right.
Here you see this a default quantity Skidoo and default revenues could do so once after you enable that
functionality.
You will see these options out here.
So no let's try it out.
Now what I'm going to do this I am going to set up my quantity scheduling here.
All right.
So quantities grueling means what the quantity is being scheduled.
Like the magazine subscription which we were talking about.
All right.
So here then you could do the quantity you have options and divide the amount into multiple installments.
Further that amount mentioned should be divided into multiple installments or you need to repeat that
amount for each installment.
All right.
So you know depending upon whether let's say for example if it's like in a hundred dollars like ten
dollars each time all it is hundred dollars each time.
All right so depending on that you have to configure accordingly.
Let me say dividing the amount into multiple installments and the quantity installment period.
Let me say monthly and the quantity installments let me say 10.
Okay.
So this is how I have configured it for effect.
So I have configured the quantity save.
Awesome.
No I'm going to use this product in my opportunity.
So Gen Y DL 200 kW.
All right now go to an opportunity any opportunity as such
this is a closed.
Let me pick a better one.
Consider this opportunity.
All right.
This is in a different stage.
So it's good black products now.
So now what we're going to do is we are going to add products to this opportunity.
So go to products add product choose the price book.
Let me say the standard price book
and here which is the product that we were working with.
If I remember right it is this gen Ward diesel 200 kW right.
That does what we configured I think.
Yes.
So what I'm going to do this I'm going to associate that product select.
Okay.
And here comes the quantity and the sales price.
Yeah.
So when we talk about the sales price I would like to talk about this.
And the standard price is the price that is mentioned at the standard price book and the list price
is the price that is mentioned in the custom price book.
Basically the price differs based upon the price book it is the price difference.
That is the lowest price and the sales price is something that is a badge to here at the point of sales
that the sales rep can increase or decrease the price.
So this is the price.
The sales price and here the quantity let me see 10.
All right save perfect.
So now what we have done we have added this product and we have mentioned the quantity to be 10.
Now what we are going to do this.
Let's go to this.
Basically when you are asked the product it is an opportunity product right.
So if I go to this product here we are seeing this video link.
So what's happening.
The product is actually scheduled.
The product is actually scheduled for every month because that is how we have defined it here.
Right.
The quantity and divide amount into multiple installments.
And it is monthly.
It is a monthly schedule and the total number of installments is 10.
So it is a monthly schedule for 10 installments.
And the total quantity is 10.
So it does split one each.
All right.
So this is how the process of scheduling is.
And this is what we are seeing as for the quantity skidoo.
All right.
Similarly let's try to do a revenue skidoo.
And what is the difference in quantities schedule the quantity is killed.
Right.
You see the quantity is skidoo.
And know in the revenue schedule.
Let's take a quick look of it.
Go to products pick any product.
Say for example this product.
All right.
Let's schedule the revenue here.
And here again you need to see whether the amount to be divided into multiple installments.
All you want to repeat the amount.
Let me choose dividing the amount into multiple installments and then draw the new installment period.
It does again monthly number of revenue installments let mystic drop 10 full effect C..
So again what propane hundred KW So now what we're going to do this.
Jules any other opportunity.
Let me choose this one.
There are more products such assigned.
Now let's add a product to this opportunity and let's go with the standard price book and here which
is the product.
Jen what propane hundred KW So this is the product selling the product will affect mentioned the quantity
and the quantity in this case let it be one because we are only going to split the revenue so let the
quantity be one and the sales price 15000.
Let me stick on to that safe.
Perfect.
So now when you go to this opportunity product solely on this product here what do you see.
You just get all 14 installments and the amount.
Do you see that it has been divided for the number of installments.
The price that we gave was fifteen thousand and here for 10 installments the price that you'll see is
fifteen hundred each on a monthly basis because that is all we have scheduled over scheduling see default
or revenue schedule and the dividing the amount into multiple installments.
And it does monthly and the number of revenue installments is debt got.
So this is the concept of revenue schedule and quantities to link.