The Subscriptions and Renewals tab
These settings are related to contract subscriptions and renewals. Let's learn about a few important settings in this tab (this list is not exhaustive – please refer to the Salesforce Help documentation (https://help.salesforce.com/s/) for the complete list):
- Renewal Model: This field can have two values:
- Contract Based: For contract-based renewals, the admin configures the order or opportunity with at least one subscription product. A contract-based renewal model creates subscription records for subscription products and asset records for non-subscription products with asset conversion. The contract-based model is useful for businesses that sell a lot of subscription products and want to keep track of contract details such as the subscription start date and end date.
- Asset Based: In the asset based renewal model, only an asset record is created for non-subscription products when an order or an opportunity is contracted. The asset...