Along with monthly values, quotes and opportunities enable calculation and reporting of total (i.e., taking entire term into consideration) contract value for quoted term-based subscription products.
The following two fields are calculated automatically on quotes and pushed to opportunities from syncing quotes:
| Field | Description |
|---|---|
| Contract New Revenue | Monthly recurring revenue multiplied by the number of months in term summarized across all new (and only new) subscription line items on the quote (or syncing quote for opportunity). |
| Contract New Profit | Monthly recurring profit multiplied by the number of months in term summarized across all new (and only new) subscription line items on the quote (or syncing quote for opportunity). |
These values are displayed in Contract Value sections of quotes and opportunities, the detailed analysis how the numbers are calculated are provided in the Contract Value tab on quote details.
