Summary of Opportunity Setup

Configure opportunities to guide salespeople through a structured sales process that's appropriate to your business.

Here's a summary of the setup tasks covered in this chapter.

Step

Applies To

Description

Navigation

Where to Get More Details

1

Sales for Redwood and Classic Sales

You can review and change the default sales method and change the opportunity close behavior on the opportunity Quick Setup page.

However, you must use the Manage Sales Methods and Sales Stages task to create new sales methods or properly configure the one you chose.

Setup and Maintenance > Sales > Opportunities > Quick Setup (gears icon)

Setup and Maintenance > Sales > Opportunities > Manage Sales Methods and Sales Stages

See the following topics in this chapter:

2

Sales for Redwood and Classic Sales

Optionally, configure opportunity statuses.

Setup and Maintenance > Sales > Opportunities > Manage Sales Methods and Sales Stages

See the topic: Modify Opportunity Statuses

3

Sales for Redwood and Classic Sales

Optionally, configure the list of win/loss reasons salespeople enter when they close opportunities.

Setup and Maintenance > Sales > Opportunities > Manage Set Enabled Lookups

See the topic: Modify the List of Reasons Opportunities Are Won or Lost

4

Sales for Redwood and Classic Sales

You can enable further aggregations on custom opportunity fields and define the aggregation label. For example, for Deal Size, you might want to aggregate a custom revenue field or aggregate a different custom revenue field for an Expected Revenue aggregation.

Setup and Maintenance > Sales > Configure Adaptive Search > Configure UI > Enable for Group By

See the topic:

Enable Group By and Custom Aggregations for Opportunities

5

Sales for Redwood only

Before salespeople can create recurring revenue schedules in Sales for Redwood, you must first enable the feature. You do this in Oracle Visual Builder Studio.

You must then enable the Revenue Lines UI elements for Sales for Redwood.

In Sales for Redwood, navigate to the page that displays the area you want to extend. For example, navigate to an opportunity record and then click View All Products on the Products panel. Redwood Sales > Opportunities > View All Products

Under the Settings and Actions menu, select Edit Page in Visual Builder.

Configuration > Structure > Revenue Lines

See the topic: