Is it possible to edit the formula for calculating the Expected Revenue for Deals?

Is it possible to edit the formula for calculating the Expected Revenue for Deals?

The Expected Revenue is calculated based on the Amount, Stage and the corresponding Probability of the deal. You can change the Stage-Probability mapping to calculate the expected revenue.

To map sales stage to probability values, forecast types and forecast categories
  1. Go to Setup > Customization > Modules and Fields.
  2. Select the Deals Module from the drop-down list.
  3. Click Stage-Probability Mapping.
  4. In the Stage-Probability Mapping page, the existing sales stages are displayed.
          
  
    • Click Add Stage to add new stages.
    • Click Delete Stage link to delete new stages.
             5. In the Stage-Probability Mapping page, follow these steps:
    • Enter the Stage Name, its Probability (%), and Sort Order in the respective boxes.
    • Select the Forecast Type and the Forecast Category from the respective lists.     
             6. Click Save.






    • Related Articles

    • How can I calculate the expected revenue?

      The Expected Revenue is automatically calculated based on the Stage and Amount details that you specify for the deals. Hence, you cannot enter a value in the Expected Revenue field. However, you can customize the Stage and Probability mapping that is ...
    • Why am I not able to enter the Expected Revenue for Deals?

      The Expected Revenue is automatically calculated based on the Stage and Amount details that you specify for leads, accounts, deals, or any other module. Hence, you cannot enter that value in the Expected Revenue field. However, you can customize the ...
    • Manage Deals

      Deals are important as they generate revenue for the organization. Ideally, Deals undergo the complete sales cycle, right from identifying the right prospect to the deal being won or lost.   For example, you own a web hosting company called Zylker. ...
    • Working with Deals

      In any sales organization, deals are the most important records to generate the real revenue for the organization. In a typical B2B organization all deals have to undergo a complete sales cycle, which starts with identifying the hot prospect and ends ...
    • Is it possible to see revenue generation from leads who have been added?

      Absolutely, you can easily check the revenue generated by each lead you have added. To do this: 1. Click Reports and navigate to CRM on the right panel. 2. Head to the Revenue tab. You will find details of the revenue generated from the deals that ...