• @briandeyo
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Does anyone know if Salesforce has a better tool to use with regards revenue recognition other than the Product Schedule option?

The Product Schedule option is clever but not nearly as flexible as it needs to be.  (atleast from what I know)

Pre Salesforce we used a simple excel spreadsheet to forecast monthly revenues from our pipeline. 

So essentially what we need is to set automatic schedules based on formula rates and start dates rather than having to manually edit each record’s start date and rate.

Any Ideas?  Here is an example of what we need and how robust it needs to be

Total Project                      Daily Revenue                                   Formula Start Date      Month 1     Month 2    Momth 3     Momth 4

Revenue                                     Recognition Rate                             

$100,000                                            $2,000                                                                August 31                            2000       60,000            38,000

$300,000                                           $4,000                                                                 August 30                            8000       120,000          120,000         52,000


We have all the formula fields needed but we don’t know how to tell Salesforce to use them for forecasting or revenue scheduling. 

Thank you for your help!!!!!