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Changelog

ADDED
Effective from:

February 11, 2021

New field in Deals object

Announced: February 11, 2021

Effective from:
February 11, 2021

New field in Deals object

What is going to change?

A new field renewal_type will be added to the Deals object. This change affects all Deals endpoints which return the Deal object(s) in the response.

The possible values for the renewal_type field are one_time, renewal, and new_business.

  • one_time - Deal is a one-time transaction, no repetition of business transactions is expected.
  • renewal - the Deal is a new relationship with a new client. Such Deals will have renewals to prolong terms of agreement with customers. This Deal is a base/parent Deal for a group of Deals which will be the future renewals.
  • new_business - the Deal is connected to the new business type of a Deal via a Deal group and is used by account management or customer success teams to keep track of upcoming prolongation of business relationships.

For example, to renew the Deal only once, add the following:

{ ... "renewal_type": "one_time", ... }

Why is it going to change?

This change is linked to our previous announcement about substituting the Recurring Revenue and Payment Schedule features with an up-and-coming feature called Renewal management. In order to make it work, we need to add a new Deals field renewal_type.


Published on February 11, 2021

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