Soft Date Fields

Here is a description of the fields on the Soft Date object.

Key: * – Mandatory field; R – Read-only

The number indicates the number of characters that are allowed in this text field, where appropriate.

Field Name

 

 

Description

Definition

 

 

The soft date definition in the format: Reference+Adjustment.

Reference determines whether the date falls at the start or end of a week, month, quarter, traditional quarter, half year, or year. +Adjustment is the number of days or months to add or subtract. You can enter a Reference, an Adjustment, or both. For examples, see Soft Date Examples.

Alternatively, you can build the soft date definition using the fields described in the Configure section below. This Definition field is read-only if the soft date is created using those fields.

Description

 

255

Description of the soft date.

Estimated Days per Term   R Estimated duration of a single term of the soft date. This is used to calculate the monthly, quarterly, and annual value of contracts and plans.
Monthly Recurring Revenue Multiplier    

Multiplier used to calculate monthly recurring revenue. You must enter a positive number. To calculate monthly recurring revenue for your soft dates, you must enter a value that represents the definition of your soft date. For example:

  • Enter 0.167 if the soft date is for six months with a definition of +6m
  • Enter 1 if the soft date is for a month with a definition of +1m
  • Enter 4.33 if the soft date is for a week with a definition of +7d
  • Enter 30.4 if the soft date is for a day with a definition of +1d
Tip:

The values in these examples represent the average number of terms to make up one month for the soft date.

Soft Date Name * 80 Name of the soft date.

Configure

You can build the soft date definition using these fields instead of manually entering Reference+Adjustment in the Definition field.

Configure Soft Date Fields

Field Name

Description

Reference Description

The beginning or end of a unit of time from which dates are calculated. The reference can be the start or end of a week, month, quarter, traditional quarter, half year or year.

Adjustment Defines if an adjustment made to the reference is positive (Add) or negative (Subtract). If a reference is not used the adjustment must be positive (Add). When you select an adjustment, you must complete the Adjustment Number and Adjustment Unit fields. For examples, see Soft Date Examples.
Adjustment Number

The number of days or months to apply to the adjustment. For example, enter 3 and set the Adjustment Unit to Day to create an adjustment of three days. You must enter a positive number.

Adjustment Unit The unit of time to apply to the adjustment. This can be Day or Month. For example, if Adjustment Number is 3 and Adjustment Unit is Day, the adjustment is three days.