HubSpot Ideas

egp19

Calculated properties for Products

Now that we can create custom properties for Products, can we enable calculated properties for Products? Without this basic feature, our products have quantitative properties that we have to manually calculate before adding to HubSpot. This creates room for error. 

HubSpot Updates
August 30, 2022 10:53 AM

Hey folks - Ethan here, product manager for the Product Library. Apologies for the missed quarter of updates. I want to let you know that this feature is not on our roadmap for this quarter (Q3, 2022). We absolutely want to expand the customizability of the Product and Line Item objects but we're working on several other features this quarter and we needed to make some hard decisions about what to prioritize. 

 

As a sidenote, I'll be updating the top Ideas associated with Products and Line Items ~once per quarter going forward. I will include (1) whether or not a feature is on the roadmap for that quarter or not and (2) what our rollout plan for that feature is (e.g. will there be a beta or not). If you have feedback about additional information I could include in these updates, drop a note here. If I see a theme, I'll adjust my updates to address that.

 

I won't be doing this for every idea, but most ideas above 100 kudos will get this treatment. Previously, I had been trying to do it for ideas greater than 25 upvotes, but unfortunately the volume is too high to be practical.

April 06, 2022 08:59 AM

Hey folks - my name is Ethan and I'm the product manager for the Products and Line Items team. I just wanted to let you know that this feature is not on our roadmap for this quarter, but it is something we'd like to build. While it's not something we're working on this quarter, it's quite possible we will work on this this year. We're working on several other features (e.g. allowing you to add Line Items to Deals via Workflows, expanding the number of supported decimals in Product/Line Item properties) this quarter and we needed to make some hard decisions about what to prioritize.

 

As a sidenote, I'll be updating the top Ideas associated with Products and Line Items ~once per quarter going forward. I will include (1) whether or not a feature is on the roadmap for that quarter or not and (2) what our rollout plan for that feature is (e.g. will there be a beta or not). If you have feedback about additional information I could include in these updates, drop a note here. If I see a theme, I'll adjust my updates to address that.

 

I won't be doing this for every idea, but most ideas above 25 kudos will get this treatment. 

In Planning
January 14, 2022 11:38 AM

Hey folks - my name is Ethan and I'm the product manager for the Products and Line Items team. I just wanted to let you know that this feature is not on our roadmap for this quarter, but it is something we'd like to build. While it's not something we're working on this quarter, it's quite possible we will work on this this year. We're working on several other features (e.g. allowing you to add Line Items to Deals via Workflows, expanding the number of supported decimals in Product/Line Item properties) this quarter and we needed to make some hard decisions about what to prioritize.

 

As a sidenote, I'll be updating the top Ideas associated with Products and Line Items ~once per quarter going forward. I will include (1) whether or not a feature is on the roadmap for that quarter or not and (2) what our rollout plan for that feature is (e.g. will there be a beta or not). If you have feedback about additional information I could include in these updates, drop a note here. If I see a theme, I'll adjust my updates to address that.

 

I won't be doing this for every idea, but most ideas above 25 kudos will get this treatment. 

26 Replies
Henrik_TeQflo
Member | Platinum Partner

Yes, second the need of calculated products properties. 

JBolger
Member
Looking to autofill the quantity section of the quotes from a property in deals. In specific, our product is priced by Sq Ft which essentially functions as the quantity (cost / Sq Ft).

I've looked around for this feature and I'm afraid that it's not possible as that is a product limitation at this time. Unfortunately, there isn't a workaround to accomplish this, and I don't see anything on the roadmap or any current Beta releases to achieve this.
LauraA
Contributor

We need this as well. We sell several software products which are priced based on the number of "measurement points", and possibly additional calculations. If not do-able on products, the calculation could alternately be done at the quote stage.

crabadan
Member

We need calculated fields in the quotations products, also the %markup and $markup shold be show in quotations lines in order to the salesman can be able to see this information when the quotation is created. When this feature can be done? 

 

 

SNahar
Member

agreed! for us it's crucial in terms of having an automated workflow, which is the whole point of this of course. as a few people have alluded to, not having this induces room for error and also the need for manual processes. from our side we would need:

  • a 'Unit Net' price - simply displaying what the net unit price is, automatically calculating when a discount is applied
  • value or % markup on entered cost, as has been raised above
RobDuggan
Member

Pricing is a complicated subject and without this feature, we are about to discount HS as a CRM platform suitable for our needs.

We have 1000's of SKUs on our system

We buy products in multiple currencies eg GBP, USD, EURO and more

We sell product in multiple currencies (as above)

We have a "company currency" GBP.

Every month new rates are issued by HMRC which we need to follow within the business.

We need to be able to add products in their own base currency and allow the system to then change the represented cost via the relevant currency rate at the time.

Changing prices on this qty of SKU's on a manual basis every month would be nearly impossible and would create huge margins for error with systems and people.

 

Please fix and we might continue; without this, we simply can't proceed.

 

 

 

indiracatmedia
Participant | Partner

Hi, I have products where the unit price changes depending on the value and tier level. For example, product A, tier 1, volume 100-200 unit price is $29, so If I sell 100, the total price should be $2900, and if I sell 200, it should calculate $5800 instead. Unfortunately, there are minimal product functions and is not possible to create calculation properties on product properties. Does anyone has found an alternative solution for this? Thanks a million!

SPChoi
Member

I need it too.

Thomas_Vanguard
Participant | Gold Partner

This would be invaluable. It's slightly infuriating that you can see the Unit Price, apply a Discount then see the perfect Net Price so long as your Quantity is only 1. As soon as you have multiple Quantities you lose visibility on the newly discounted Net Price.

 

Current Net Price calculation = Unit Price - Discount x Quantity

Ideal Net Price = Unit Price - Discount

 

The Total should handle the quantity multiplication, not the Net Price.

 

We also need Net Price to be an available field in the custom Quote Template - or we need calculating fields in line items.

JafetBaltodano
Member

We need "Net Price Per Unit" to be automatically populated. 
Currently only supports direct edits from the line item editor. 

ILamon
Member

Agreed!

In my case to calculate the MRR we need to consider the price for a product based in an specific term (months) in which the contract is valid. The perfect solution in this case  would be having another column with the end date.

enniszd
Participant

Agreed and here is what I would be looking for:

 

NET UNIT PRICE - the calculation is NET PRICE / QUANITY = NET UNIT PRICE.

 

For example if you purchase quanity 50 and the unit price is $1000 and unit discount is 20% then the Net Price = $40,000 which means the Net Unit Price is $800.  (tax is after the fact).

 

The reason to get the Net Unit Price is determine what the actual avg sale price of a unit is.

ethankopit
HubSpot Product Team

Hey folks - my name is Ethan and I'm the product manager for the Products and Line Items team. I just wanted to let you know that this feature is not on our roadmap for this quarter, but it is something we'd like to build. While it's not something we're working on this quarter, it's quite possible we will work on this this year. We're working on several other features (e.g. allowing you to add Line Items to Deals via Workflows, expanding the number of supported decimals in Product/Line Item properties) this quarter and we needed to make some hard decisions about what to prioritize.

 

As a sidenote, I'll be updating the top Ideas associated with Products and Line Items ~once per quarter going forward. I will include (1) whether or not a feature is on the roadmap for that quarter or not and (2) what our rollout plan for that feature is (e.g. will there be a beta or not). If you have feedback about additional information I could include in these updates, drop a note here. If I see a theme, I'll adjust my updates to address that.

 

I won't be doing this for every idea, but most ideas above 25 kudos will get this treatment. 

Jonno_Price
Top Contributor | Platinum Partner

Great to know this is in planning. Would be a great addition as multiple use cases to use calculated properties with line items. 

jasonparkinson
Member | Diamond Partner

We need this exact same thing for the same use case.  Need to be able to show Square Feet of material on a quote and would like to calculate that automatically.

MCacciurri
Member

We are looking to be able to have a field that provides FTE by line item based on a calculation of #hrs for each line item and duration of the deal

CChiles
Member

This would be fantastic!   Please move this up the priority chain.

CKane6
Member

We would also like the idea to make calculations based off product items for the same reason as RobDuggan. We buy in one currency and sell in another, so we would create a field showing exchange rate and use Unit Cost, Unit Price and Exchange to calculate our earnings.

 

Separately, but related, we would like to see Unit Discount as a Product Property. It's really useful at the moment to show actual price as we regularly use discounts (both £ and %), but at the moment, we need to manually update each line item to show the discount rather than being able to do it via the API when someone books from our website using a discount code.

ethankopit
HubSpot Product Team

Hey folks - my name is Ethan and I'm the product manager for the Products and Line Items team. I just wanted to let you know that this feature is not on our roadmap for this quarter, but it is something we'd like to build. While it's not something we're working on this quarter, it's quite possible we will work on this this year. We're working on several other features (e.g. allowing you to add Line Items to Deals via Workflows, expanding the number of supported decimals in Product/Line Item properties) this quarter and we needed to make some hard decisions about what to prioritize.

 

As a sidenote, I'll be updating the top Ideas associated with Products and Line Items ~once per quarter going forward. I will include (1) whether or not a feature is on the roadmap for that quarter or not and (2) what our rollout plan for that feature is (e.g. will there be a beta or not). If you have feedback about additional information I could include in these updates, drop a note here. If I see a theme, I'll adjust my updates to address that.

 

I won't be doing this for every idea, but most ideas above 25 kudos will get this treatment. 

PBaxter
Participant

In case it helps anyone, although it is not possible yet to create a calculated property on a Line Item, it *is* now possible with Operations Pro to build a Data Set for custom reports that makes calculations at a line item level 😁

 

It looks something like this - our use case is we need a currency conversion at the line item level so we can create a single company currency report:

 

PBaxter_0-1652265852758.jpeg