- Reccuring revenue
- Posted by blepeuple on June 13th, 2005
Hi!
Is there any standard or recommended way to do recurring revenues (for
instance subscriptions) in CRM?
A lot of businesses have these kind of products (ISPs, Telcos, libraries,
insurance, etc...), but it doesn't look like subsciptions are supported by
the system...
The only thing I can think of right now are:
1) Edit one bill for every period the subsciption goes on: it is sligtly
annoying and it screws up revenue projections
2) Pre-edit n years of bills: it is a major pain in the butt, especially if
the subscription changes or is cancelled
Either solution is not satisfactory, so I'm thinking there has to be a
better way, especially since it should be a fairly standard problem...
Thanks
- Posted by Julian Sharp on June 13th, 2005
"blepeuple" <blepeuple@discussions.microsoft.com> wrote in message
news:85A57731-3F94-45A8-A861-496CC4FE116F@microsoft.com...
Yes they are
Use Contracts in the Customer Service module for subscriptions. In Each
contract line you can specify the products and costs involved.
We have done a lot of customisation around this to prompt for renewals and
creating orders and invoices for renewal which makes it a lot better to use
but it will do the job you want
- create sales revenue account in SAP R/3 (Programming) by nishantxl@rediffmail.com
- Est. Revenue field totalled through custom fields (Windows CRM) by Basman
- Opportunity revenue estimate from quotes (Windows CRM) by Matt
- Changing the default value of the revenue field (Windows CRM) by Dave J
- 2003 Calendar reccuring appointment (Home and office) by babs

