🚨 Do you need to learn how to use the Total Contract Value (TCV) Report in NetSuite 🚨
This tutorial will guide you through the Total Contract Value (TCV) report, a crucial tool for tracking the lifetime value of subscriptions.
Step-by-Step Guide 📋
- Access the TCV Report
- Navigate to:
- Reports > Subscriptions > Total Contract Value.📈
- Navigate to:
- Understanding the TCV Report Columns
- Each line in the TCV report will display:📊
- Customer associated with the contract
- Billing Account for the customer
- Subscription details, including start and end dates and status
- TCV (Total Contract Value) — the total value of each contract.
- Each line in the TCV report will display:📊
- Important Note on Charges
- Usage and Overage Charges are not included in the TCV report because they vary by period.⚠️
- Customizing the Report
- You can modify the date filtering at the bottom of the report.🛠️
- Explore different customization settings to adjust the report view as needed.
- Overview of Subscription Value
- The TCV report provides a clear, consolidated view of the lifetime value of each subscription.💡
Congratulations! 🎊 You’ve successfully manually renewed a subscription in NetSuite! 🌟🎉
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