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To be eligible to take the Salesforce Revenue Cloud Consultant Accredited Professional certification exam, you should have experience in implementing and consulting on Salesforce Revenue Cloud solutions for at least six months. You should also possess knowledge of revenue recognition principles and industry standards, pricing and product management, and order management processes. Additionally, you should have experience in designing and implementing solutions that meet the unique needs of different industries and business models.
Salesforce Revenue-Cloud-Consultant-Accredited-Professional Certification Exam is an excellent way for professionals to validate their skills and knowledge in revenue management and optimization. Salesforce Revenue Cloud Consultant Accredited Professional certification is recognized globally and is highly valued by employers who are looking for skilled professionals who can help them maximize their revenue potential. By passing the certification exam, professionals can enhance their career prospects and gain access to a network of certified professionals who can help them stay up to date with the latest trends and best practices in the industry.
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Salesforce Revenue-Cloud-Consultant-Accredited-Professional Exam Syllabus Topics:
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Salesforce Revenue Cloud Consultant Accredited Professional Sample Questions (Q80-Q85):
NEW QUESTION # 80
A Revenue Cloud user story states: "Sales users should have the ability to create new quotes with established rate cards and account specific discounts because current customers are entitled to the pricing that was originally negotiated". In addition to loading data to Accounts, Contracts, Quotes what other objects will need to absorb legacy data?
- A. Contracted Pricing
- B. Subscription
- C. Order Products
- D. Entitlements
Answer: A,D
Explanation:
For the user story concerning sales users' ability to create new quotes with established rate cards and account-specific discounts, the Salesforce objects that need to absorb legacy data include:
* B. Contracted Pricing: This object is crucial for managing special pricing agreements that have been negotiated with specific customers. It ensures that the pricing on new quotes reflects the discounts and rates that were originally negotiated under specific contracts.
* D. Entitlements: The Entitlements object manages the customer's entitlements to support services or warranty conditions, which can be tied to the pricing or conditions stated in their original contracts.
These objects ensure that the contractual terms and special conditions are respected in new transactions, maintaining consistency and honoring legacy agreements with customers.
NEW QUESTION # 81
A Revenue Cloud User story states " Sales Users shouldhave the ability to create newquotes with established rate cards and account specific discounts because currentcustomers are entitled to the pricing that was originally negotiated".In addition to loadingdata to Accounts,contracts,Quotes what other object will need toabsorb legacy data?
- A. Contracted Pricing
- B. Entitlements
- C. Subscription
- D. Order Products
Answer: A
Explanation:
Contracted pricing is a feature of Salesforce Revenue Cloud that allows sales users to create new quotes with established rate cards and account specific discounts. Contracted pricing enables sales users to honor the pricing that was originally negotiated with current customers, regardless of any changes in the product catalog or price book. Contracted pricing works by creating contracted price records for each product and account combination, and applying them to the quote lines when creating a new quote. Contracted pricing can be created manually or automatically, and can be based on existing quotes, orders, or contracts. Contracted pricing is the best option to fulfill the user story, as it can store the legacy data of the original pricing agreements and use them for future quotes.
Subscription is not the best option, as it is a feature of Salesforce Revenue Cloud that allows sales users to create recurring revenue streams from products or services that are sold on a periodic basis. Subscription does not store or apply the legacy data of the original pricing agreements, but rather uses the current product catalog and price book. Subscription is useful for creating quotes for new or renewing customers, but not for honoring the pricing that was originally negotiated with current customers. 3 Order products are not the best option, as they are records that represent the products or services that are sold to a customer through an order. Order products do not store or apply the legacy data of the original pricing agreements, but rather use the current product catalog and price book. Order products are useful for creating invoices and revenue schedules, but not for creating new quotes with established rate cards and account specific discounts.
Entitlements are not relevant to the user story, as they are records that represent the service level agreements or support terms that a customer is entitled to based on their purchase. Entitlements do not store or apply the legacy data of the original pricing agreements, but rather use the current product catalog and price book. Entitlements are useful for managing customer service and support, but not for creating new quotes with established rate cards and account specific discounts.
Reference:
1: Contracted Pricing - Salesforce
2: Contracted Pricing | Salesforce Subscription Management | Salesforce Developers
3: Subscriptions - Salesforce
4: Order Products - Salesforce
5: Entitlements - Salesforce
NEW QUESTION # 82
Which feature is needed to split Order Products into different Invoice runs?
- A. Order by Group
- B. Invoice Batch
- C. Order by Quote Line Group
- D. Invoice Group
Answer: C
NEW QUESTION # 83
A Revenue Cloud Project has a requirement where a Product can be either taxable or taxexempt depending on a custom field that holds the industry. what is the appropriatesolution to address this Requirement?
- A. Use Automation to set Tax Treatment Based on the value of the custom field.
- B. Use Automation to set Tax Rule Based on the value of the custom field.
- C. Use Automation to set Revenue Recognition Rule Based on the value of the custom Field.
- D. Use Automation to set Billing Rule Based on the value of the custom field.
Answer: B
NEW QUESTION # 84
How does Hold Billing work?
- A. It suspends invoicing for that order product until the field is set to "no", Invoices lineswill be created to account for the time when hold billing was set to "yes"
- B. It Prevents invoice document generation and stops email notificationsfrom going outto the customer.
- C. The Hold Billing field is set to "yes" until the order is activated. Upon order activationthe field will be automatically set to "no".
- D. It suspends invoicing for that order product until the fieldis set to "no", Invoices lineswill be created only for invoices after hold billing was set to "yes".
Answer: A
Explanation:
Hold Billing is a feature of Salesforce Revenue Cloud that allows businesses to control when an order product is invoiced, based on certain criteria or events. By setting the Hold Billing field to Yes on an order product, the billing process is paused for that order product and all its usage summaries. This means that no invoice lines or invoice documents are generated for the order product until the hold is released. The hold can be released by setting the Hold Billing field to No or null, either manually or automatically through a workflow or trigger. When the hold is released, Salesforce Billing will create an invoice as soon as possible, and include all the invoice lines that were accumulated during the hold period. This ensures that the customer is billed for the full amount of the order product, regardless of the hold duration. For example, if an order product has a monthly billing frequency and a hold billing period of two months, the first invoice after the hold will include three invoice lines: one for the current month and two for the previous months when the hold was active. Reference:
https://help.salesforce.com/s/articleView?id=sf.blng_hold_billing.htm&language=en_US&type=5
https://trailhead.salesforce.com/users/officialblaze/trailmixes/revenue-cloud-get-started-with-billing
NEW QUESTION # 85
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