An Admin has noticed that the proration for their subscription products is not coming out to what they would expect. With a Start Date of January 1, 2017 and End Date of January 1, 2018, the Prorate Multiplier is coming out to 1,083. The CPQ Admin is expecting a Prorate Multiplier of 1,003. What action should the Admin take to correct this pricing issue? a. Change the Subscription Prorate Precision in package settings to "Month + Day."b. Change the Default Subscription Term on the Quote Line to produce expected proration. c. Change the Subscription Term Unit in package settings from Month to Day. d. Change the Prorate Calculation field in package settings from Month to Day.

Question

Business

Delilah Gilmore

11 January, 01:08

An Admin has noticed that the proration for their subscription products is not coming out to what they would expect. With a Start Date of January 1, 2017 and End Date of January 1, 2018, the Prorate Multiplier is coming out to 1,083. The CPQ Admin is expecting a Prorate Multiplier of 1,003. What action should the Admin take to correct this pricing issue? a. Change the Subscription Prorate Precision in package settings to "Month + Day."b. Change the Default Subscription Term on the Quote Line to produce expected proration. c. Change the Subscription Term Unit in package settings from Month to Day. d. Change the Prorate Calculation field in package settings from Month to Day.

+4

Answers (1)

Know the Answer?

Ishaan Fernandez · Answer 1

Answer: A - Change the Subscription Prorate Precision in package settings to "Month + Day."

Explanation: From the question above, it is clear that the subscription is 1 Jan 2017 to 1 Jan 2018. Meaning its a year and a day. So for the subscription prorate calculation to be same as expected by the Admin, the setting in the package should be made to calculate both month and day as the subscription is 12 months and a day.