What is the difference between the 'Total Contract Value' and 'Amount' properties? I understand that Amount is the total value of the deal and the Total Contract Value is the total value of the deal based on the line items associated to the deal, but in what cases would these numbers be different?
Total contract value (TCV): the total value of the deal, based on the line items associated to the deal, including any recurring revenue and one-time charges. It does not take into account the value in the Amount property. This is in the deal's currency, if your HubSpot account uses more than one currency.
Amount: the total value of the deal in the deal's currency, if your HubSpot account uses more than one currency.
The deal amount can be set to different calculations, which can but doesn't have to be the TCV:
Best regards!
Karsten Köhler HubSpot Freelancer | RevOps & CRM Consultant | Community Hall of Famer
Total contract value (TCV): the total value of the deal, based on the line items associated to the deal, including any recurring revenue and one-time charges. It does not take into account the value in the Amount property. This is in the deal's currency, if your HubSpot account uses more than one currency.
Amount: the total value of the deal in the deal's currency, if your HubSpot account uses more than one currency.
The deal amount can be set to different calculations, which can but doesn't have to be the TCV:
Best regards!
Karsten Köhler HubSpot Freelancer | RevOps & CRM Consultant | Community Hall of Famer