Fair Value Price
Fair Value Price is a record that defines the fair value for items. Fair value price is used to allocate revenue in revenue arrangements.
For help working with this record in the UI, see Fair Value Setup.
The REST API Browser includes information about the field names and field types of the fair value price record and about the HTTP methods, request parameters, and operations available to this record. For details, see the REST API Browser’s fairValuePrice reference page.
For information about using the REST API Browser, see The REST API Browser.
Record IDs
The record ID for a fair value price REST record is fairvalueprice.
Prerequisites
This record is part of the Advanced Revenue Management (Revenue Allocation) feature. You must enable the Accounting Periods feature, Advanced Revenue Management (Essentials) feature, and Advanced Revenue Management (Revenue Allocation) feature to use advanced revenue management (revenue allocation). Before you begin working with advanced revenue management programmatically, see Advanced Revenue Management (Essentials) and (Revenue Allocation).
Limitations
The following fields on this record are required:
-
currency
-
fairValue
-
fairValueFormula
The following fields are disabled when the FairValueRangePolicy field is null:
-
highValue
-
highValuePercent
-
lowValue
-
lowValuePercent
The following fields on this record are not available in REST:
-
units
-
unitsType
Additional Information
The quantity and amount fields appear when the eventType field is not set as percent complete. The cumulativePercentComplete field appears when eventType is set to percent complete.
Code Samples
The following example shows how to read a fair value price record:
Read:
GET {{REST_SERVICES}}/record/v1/fairvalueprice/2