Universal Containers (UC) wants to sell products with monthly subscription terms. UC wants additional days to round up to the nearest month for calculating the prorated price.Which CPQ package settings should UC use to meet the business requirement?
Answer(s): B
Requirement Overview:Universal Containers wants to sell monthly subscriptions and round additional days up to the nearest month when calculating prorated prices.Solution Details:Subscription Term Unit = Month: Ensures that subscriptions are billed on a monthly basis. Subscription Prorate Precision = Month: Rounds up additional days to the next month.Steps to Configure:Navigate to CPQ Package Settings > Subscription and Renewal Settings.Set the Subscription Term Unit to Month.Set the Subscription Prorate Precision to Month.Save and test the configuration by creating a Quote with subscription products.Validation:Ensure that additional days are rounded up to the next month in the prorated pricing calculation.
Universal Containers requires sales reps to choose a Square footage value on the Configuration Attribute on one of the bundles to hide Product Options that are incompatible for the selected square footage.When the sales reps re-configure the bundle on a Renewal Quote, the Square Footage value that was set on the Configuration Attribute of the original Quote is reset to its default value. Currently, the sales reps must select the square footage again on the Renewal Quote. How should the Admin improve this process so the Configuration Attribute retains its value upon Renewal?
Answer(s): D
Requirement Overview:Sales reps want the Square Footage value on a Configuration Attribute to persist when renewing a Quote.Twin Field Mechanism:Twin Fields ensure that data is retained and mapped between related objects. Creating Twin Fields on the Asset and Subscription objects allows the Square Footage value to be carried forward during renewals.Steps to Configure:Create a custom field for Square Footage on the Asset and Subscription objects. Ensure the API names of these fields match the Configuration Attribute API name. Test the renewal process to confirm the value persists.Validation:The Square Footage value should automatically populate in the renewal Quote without manual entry by the sales rep.
Universal Containers (UC) is a reseller of a Product made by another company. UC wants to price the Product based on the Cost that UC pays for it.How should the admin set the Cost for this Product?
Answer(s): C
The admin at Universal Containers has created a Configuration Attribute in a bundle that allows the end user to choose a picklist field value. A Price Rule has been created in the calculator that will set a discount based on the chosen picklist field value. This discount should be applied on the bundle Product and its Options.
Universal Containers (UC) sells a Product in four geographical regions that comes in 10 colors and four sizes. Instead of having a separate SKU for all combinations, UC needs the sales reps to specify location, color, and size during configuration.What CPQ functionality can UC's Admin leverage to meet this requirement?
Answer(s): A
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