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Topics#Reports & DashboardsDavid Smith's Question
David Smith (Midway Group) asked in #Reports & Dashboards
May 30, 2014, 4:55 PM

Tracking Changes in Revenue and Cost in an Opportunity by Month

How do I track monthly revenue & costs of an opportunity. For example, if an opportunity posted $25k in revenue in April, and $5k in May, it just seems to be lumped together.  We do not use Product Books.  Each opportunity is a unique service/solution. 
1 answer
  1. Sachin Das (Salesforce)
    May 31, 2014, 4:41 AM
    Opportunity Products and Revenue Schedules are designed for this. 

     

    https://na1.salesforce.com/help/doc/en/salesforce_products_cheatsheet.pdf

     

    Due to  complexity of products, the number of changes that may occur during the Opportunities term, and other issues we are not using Revenue Schedules. Our back-office system is the system of record. But to facilitate some reporting, I use a simple calculation where Monthly Revenue = Opp Amount ÷ Term (mos.)

     

    Hope this helps

     

    Regards

     

    Sachin
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