CRM

peytondonnell
Participante

Total Contract Value vs Amount

resolver

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?

 

Thanks!

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karstenkoehler
Solução
Membro do Hall da Fama | Parceiro
Membro do Hall da Fama | Parceiro

Total Contract Value vs Amount

resolver

Hi @peytondonnell,

 

Here are the definitions:

  • 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:

 

karstenkoehler_0-1667630507607.png

 

Best regards!

Karsten Köhler
HubSpot Freelancer | RevOps & CRM Consultant | Community Hall of Famer

Beratungstermin mit Karsten vereinbaren

 

Did my post help answer your query? Help the community by marking it as a solution.

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1 Resposta 1
karstenkoehler
Solução
Membro do Hall da Fama | Parceiro
Membro do Hall da Fama | Parceiro

Total Contract Value vs Amount

resolver

Hi @peytondonnell,

 

Here are the definitions:

  • 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:

 

karstenkoehler_0-1667630507607.png

 

Best regards!

Karsten Köhler
HubSpot Freelancer | RevOps & CRM Consultant | Community Hall of Famer

Beratungstermin mit Karsten vereinbaren

 

Did my post help answer your query? Help the community by marking it as a solution.