topic Re: How to enable reoccurring deal creation in HubSpot (one-time, monthly, quarterly, annual payment in Tips, Tricks & Best Practices

How to enable reoccurring deal creation in HubSpot (one-time, monthly, quarterly, annual payments)?

val_spot_on — Tue, 26 Mar 2024 11:39:42 GMT

Hello HubSpot community!

I'm curious about the best practices for creating recurring deals and whether it's better to manage them in separate pipelines. I'm particularly interested in to handle different payment options like One-Time Payment, Monthly Recurring Revenue, Quarterly Recurring Revenue, Annual Payment, and Annual Recurring Revenue.

Could you please share any insights on how to approach this effectively within HubSpot?

Re: How to enable reoccurring deal creation in HubSpot (one-time, monthly, quarterly, annual payment

trevordjones — Tue, 26 Mar 2024 15:42:36 GMT

Hi @val_spot_on ,

Deal line items have these values in them. When you create your products in Settings > Objects > Products, you specify the payment frequency in the drop-down.

HubSpot will then calculate the Accual Contract Value using the mix of prices, quantities, and billing frequencies, since you often have an onboarding fee and a recurring fee.

Re: How to enable reoccurring deal creation in HubSpot (one-time, monthly, quarterly, annual payment

TainaSipilä — Mon, 08 Apr 2024 12:11:55 GMT

Hi @val_spot_on!

I agree with @trevordjones, line items sound great. Whenever you're ready with the setup, you might wish to take a look at Dear Lucy for automated reporting of recurring and one-time revenues:

https://www.dearlucy.co/blog/revenue-forecasting-hubspot-line-items

Hope this helps!

Best,

Taina