Quaterly/6 month deals ARR and TCV

[NMagee]

We have a variety of deal types that I am trying to handle but what stumps me are shorter deals that we expect to renew. If we have a 3 or 6 month deal that we expect to renew I am unsure of the best approach to take.

I have setup some dummy entries to demonstrate my issues.

Lets say we have a line item set to a flat rate, Automaticlaly Renew until canceled, biling semi annually

I then setup the line in the system that it is a term of 6 months as that is the initiall term. The ARR is now only mathcing the 6 months and the TCV is matching that rather than what I would expect is the ARR to be 2016 and the TCV to still be 1008

If I leave the term out as defualt then I get the ARR I expect but the TCV has doubled even though they are only contracted at presnet for a 6 month term. II have tried both with a fixed term billing term of 1 term and a reoccuring until canceled and tthe deal behaves the same way.

How are other people handeling this?

Thanks,

Niall

[chighsmith]

Hi @NMagee,

Thank you for posting to the Community!

I'd like to tag in some Subject Experts to see if they have any advice on this one -- Hi @StjepanGrcic @ScottPennwood and @Phil_Vallender Do any of you all have any tips for @NMagee?

Thank you!

Cassie, Community Manager