Access Applications Menu
Hover over the navigation bar to the left of the dashboard and select ‘Deals’.
Step-By-Step Guide to Setting Deal Currency and Deal Value
1. Create a New Deal:
Begin by creating a new deal for your sales pipeline. In our case, we're setting up a deal with 'Dave’s Auto Body' worth 1,000 EUR.
2. Define the Deal Value:
In the 'Deal Value' field, input the potential monetary gain for your business from this deal. For this example, input '1000'.
3. Choose the Deal Currency:
In the 'Currency' field, select the currency you expect the lead to use for payment. Here, we're expecting payment in EUR, so select 'EUR'.
Note: Always enter the value you intend to charge in the lead's currency.
4. Observe the Automated Currency Conversion:
Once the deal is in your pipeline, note that it's presented in your primary currency. This conversion happens automatically.
5. Edit Deal Value and Currency:
You can alter these values later through the deal card menu. Click on the deal's name in blue to go there.
6. Access Deal Properties:
In the left-side column under 'About This Deal', ensure the 'Currency' field is present. If not, click 'Manage Properties'. Find the 'Currency' field in the list and click 'Add to View'. Save changes at the top of the page.
7. Update the Currency Field:
Back in the 'About' section, locate the 'Currency' field and select the expected currency. In our example, choose 'EUR' again and click 'Save'. The 'Deal Value' will automatically update.
8. Set Contract Type, Contract Length, and Total Deal Value:
If your deal involves a recurring transaction, you may change the contract type to 'Monthly' or 'Annual'. Doing so will display 'Contract Length' and 'Total Deal Value' fields. Input the contract length, and the total value will be calculated automatically based on the deal value multiplied by the contract length.
Note: For instance, an annual contract lasting two years with a deal value of $1,000 will result in a total value of $2,000.