Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

Salesforce Exam Revenue-Cloud-Consultant-Accredited-Professional Topic 7 Question 24 Discussion

Actual exam question for Salesforce's Revenue Cloud Consultant Accredited Professional Exam exam
Question #: 24
Topic #: 7
[All Revenue Cloud Consultant Accredited Professional Exam Questions]

A Revenue Cloud project has a requirement where a product can be either 16m 52s

taxable or tax exempt depending on a custom field that holds the industry. ''

What is the appropriate solution to address this requirement?

Show Suggested Answer Hide Answer
Suggested Answer: B

For a Revenue Cloud project where a product's taxability depends on a custom field that holds industry information, the appropriate solution is to use automation to set the Tax Rule based on the value of the custom field. This approach allows for dynamic application of tax rules to products based on industry-specific requirements, ensuring that the correct tax treatment is applied during the quoting and invoicing processes. Automation could involve using Process Builder, Flow, or Apex to update the tax rule assignments on products or quote lines based on the specified industry criteria. This ensures that products are taxed correctly according to the industry-specific regulations captured in the custom field.


Contribute your Thoughts:

Hershel
4 months ago
Ah, the age-old debate: Tax Rule or Billing Rule? I say, why not both? Double the fun, double the profit.
upvoted 0 times
...
Remona
4 months ago
Revenue Cloud, huh? Sounds like a party in the cloud. I'll go with Option D just to keep things interesting.
upvoted 0 times
Nenita
3 months ago
User 3: Automation for the win! Option D it is.
upvoted 0 times
...
Essie
3 months ago
User 2: Yeah, setting the Billing Rule based on the custom field value makes sense.
upvoted 0 times
...
Katheryn
4 months ago
User 1: I think Option D is the way to go.
upvoted 0 times
...
...
Maryanne
4 months ago
Hmm, I'm not sure. Option C about the Revenue Recognition Rule sounds intriguing, but I'll have to think about that one a bit more.
upvoted 0 times
Nicholle
3 months ago
C) Use automation to set the Revenue Recognition Rule based on the value of the custom field
upvoted 0 times
...
Sommer
3 months ago
User 2: I agree, setting the Tax Treatment based on the custom field value seems like the way to go.
upvoted 0 times
...
Ira
3 months ago
B) Use automation to set the Tax Rule based on the value of the custom field
upvoted 0 times
...
Celestina
3 months ago
A) Use automation to set the Tax Treatment based on the value of the custom field
upvoted 0 times
...
Alisha
3 months ago
User 1: I think option A makes the most sense.
upvoted 0 times
...
Anissa
4 months ago
I agree, option C seems a bit off for this requirement. Option A seems like the best choice.
upvoted 0 times
...
Willodean
4 months ago
I think option A makes more sense, setting the Tax Treatment based on the custom field value.
upvoted 0 times
...
...
Dewitt
5 months ago
I think Option A is the way to go. Automating the Tax Treatment is the easiest and most straightforward solution.
upvoted 0 times
...
Holley
5 months ago
Option B seems like the way to go. Setting the Tax Rule based on the custom field makes the most sense for this requirement.
upvoted 0 times
Catarina
3 months ago
Agreed, automation for setting the Tax Rule based on the custom field is the way to go.
upvoted 0 times
...
Hailey
4 months ago
It's important to have the system automatically determine the tax status based on the industry field.
upvoted 0 times
...
Hildegarde
4 months ago
I think using automation for setting the Tax Rule is the most efficient way to handle this requirement.
upvoted 0 times
...
Billi
4 months ago
It definitely simplifies the process by automating the tax treatment based on the custom field value.
upvoted 0 times
...
Audry
4 months ago
I agree, using automation to set the Tax Rule based on the custom field is the most appropriate solution.
upvoted 0 times
...
Albina
4 months ago
Setting the Tax Rule based on the custom field is the most logical solution.
upvoted 0 times
...
Georgiana
4 months ago
I agree, option B is the best choice for this requirement.
upvoted 0 times
...
Audry
4 months ago
Option B seems like the way to go. Setting the Tax Rule based on the custom field makes the most sense for this requirement.
upvoted 0 times
...
...

Save Cancel