Product Revenue over several months starting from a different date

Question

Hi,
I have a question regarding product revenue. You can indicate for how many months certain opportunities generate revenue, right? Is this visible in the reports and is is it also possible to indicate the date when this opportunity will start taking place? Which variable should I use?
Any suggestions are more than welcome!
Thanks in advance
Kind regards
Vincent

Answer 1

Hi Vincent,
If you are reporting at opportunity level:
If you have an opportunity without any associated products, the 'Expected Close Date' defines when the Opportunity is due to close and when the revenue will be recognised within your sales pipeline. You'll notice at this point the field Date.Date should match the 'Expected Close Date'
If you are reporting at product level:
When you add a product to your opportunity the Opportunity Product.Start/Close Date field indicates when the revenue for that particular product starts. If you populate the # Periods and Frequency a new period is added each time accordingly (A new date.date). For example, you add a product with a frequency of monthly and a # periods of 3. The product is set to £100 of revenue per period. You report would be as follows:
Product Date Revenue
A 01/07/2009 £100
A 01/08/2009 £100
A 01/09/2009 £100
To find the date the opportunity starts you need to search for the Minimum Start Date out of all of your products.. You can use something along the lines of: MIN('Start/Close Date' by 'Opportunity ID'). To find out when it ends just replace MIN with MAX. To find the duration you can check the difference between the Min and Max dates, you could do something like: TIMESTAMPDIFF(SQL_TSI_DAY, MIN('Start/Close Date' by 'Opportunity ID', MAX('Start/Close Date' by 'Opportunity ID'). This returns the duration in days.
The syntax above isn't correct, you'll need to substitute the exact field names within the code but it should give you a good idea.
Thanks
Oli @ Innoveer