Event Setup

Knowledge Center > Zuora RevPro > Events Processing > Event Setup

Event Setup

In RevPro, you can create the following types of events for revenue or cost release:

  • Budgeted Cost
    Use this event to release revenue based on the percentage of completed budgeted cost.

  • Budgeted Hours
    Use this event to release revenue based on the percentage of completed budgeted hours.

  • Cost
    Associate this event type with a POB template to release cost.

  • Hold
    Associate this event type with the holds or approvals to release the revenue hold or to transfer revenue that is placed on an RC, POB or line.

  • Revenue
    Associate this event type with a POB template to release revenue.

Procedure

To create an event type in RevPro, complete the following steps:

  1. Navigate to Setups > Application.

  2. Click side-menu-open.png  to open the side menu and then click Event Setup.

  3. On the Event Setup page, click icon-add.png to add an event. The New Event window is displayed.

  4. In the Name field, provide a unique event name.

  5. In the Event Type field, select the type of event that you want to create.

  6. Based on the event type that you select in the previous step, specify the following fields as indicated in the UI:

    • Cost Type: Select the type of cost that is to be released based on the cost event.

    • Process Type: Select the processing type. The following options are available:

      • By Amount: The event is processed based on the amount.

      • By Percent: The event is processed based on the percentage value.

      • By Quantity: The event is processed based on the quantity.

    If you are creating a budgeted cost or budgeted hours event, By Percent is selected by default and cannot be changed.

    If you are creating a hold event, you do not need to specify the process type.

  7. If this is a cumulative event, select the Cumulative checkbox. The revenue is released in a cumulative manner.
    For example, if an event is brought in for 25% and the same event is collected for that line for 30%, the total revenue released for the RC is 30%.

    If you are creating a budgeted cost or budgeted hours event, the Cumulative checkbox is selected by default and cannot be changed.

  8. Click icon-save.png. The event is created.

  9. Click the Mapping tab to select the columns that you want to include in the event upload template.

    1. Choose the field names from the Source Column list.

    2. From the Event Column list, select the corresponding staging fields for each of your selections in the Source Column list.
      The Event Column list displays the names of the staging fields that belong to the Line Events category on the Setup/Application/Labels page. One source column field must have a corresponding event column field.
  10. (Optional): Click the Order By tab to select the order in which the sales order lines or invoice lines are to be processed. If no selection is made, sales order lines are processed first.

  11. Save your configuration and close the window.

Result

The event type is created in RevPro and will be displayed on appropriate Release Event lists for you to select when you are doing other configurations for RevPro.

What to Do Next

Depending on the event type that you create, different steps are required:

  • If the event is a revenue or cost event, the next step is to associate the event with the POB template. For more information, see Associate Event with POB Template.

  • If the event is a hold event, the next step is to associate the event with a hold or approval. For more information, see Associate Event with Revenue Holds.

  • If the event is a budgeted cost or budgeted hours event, the next step is to upload the event for processing. For more information, see Event Upload.

Last modified

Tags

This page has no custom tags.

Classifications

(not set)