Easily Remove Smart Field in the Asset Purchase Agreement

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A step-by-step guide regarding how to Remove Smart Field in the Asset Purchase Agreement

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How to Remove Smart Field in the Asset Purchase Agreement

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hi this is john mcguire with the mcguire law firm in this video im going to talk a little bit about an asset purchase agreement so ive talked about a stock purchase agreement and an asset purchase agreements basically you are buying the assets of a business and generally the business that is purchasing these assets has formed a new entity so the assets uh the business selling the assets usually will be dissolving if in fact they are selling the majority of their assets an asset sale can be beneficial sometimes to the um the buyer because they will be allowed to take the amount that they are purchasing the purchase amount for depreciation purposes theres other advantages and disadvantages depending upon the facts and circumstances generally its going to be based on what party you are the purchaser or the seller if you have any questions regarding this type of agreement please feel free to contact the mcguire law firm to speak with a business attorney we do offer a free consultation

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What is subscribed assets in Salesforce CPQ?

Subscriptions are special CPQ records used to track the ongoing subscription services a customer has bought over time. They contain fields for the products that were purchased, the quantities, the start and end dates, and other useful information.

How do I amend an asset in Salesforce?

Amend Your Assets Make sure that your account has an asset-based renewal method. Click Amend Assets on your account. Salesforce CPQ displays the Asset Selection page. Select the assets you want to amend and click Amend. Amend your quote as needed, and then click Save.

What are subscriptions in Salesforce?

Subscription products are services that run for a set period, such as a year-long support service. Salesforce CPQ automates pricing, prorating, and coterminating subscriptions on contracts and renewals.

What is an ASA in Crypto?

Algorand Standard Assets (ASA) provide a standardized, Layer-1 mechanism to represent any type of asset on the Algorand blockchain. These can include fungible, non fungible, restricted fungible and restricted non fungible assets. In todays economy, there remain many issues when it comes to the digitization of assets.

What is an asset in Salesforce?

An asset in Salesforce represents a specific purchased or installed product. For example, if you sell robots, you can create a Robot product in Salesforce, and then create multiple assets representing the robots youve sold.

What is the difference between subscriptions and assets in Salesforce?

Use subscriptions to keep records of subscription products youve quoted or sold. Use assets to keep records of stand-alone products youve quoted or sold. You can use these records later to manage amendments and renewals to your opportunities and orders.

How do I amend a contract with CPQ?

To create an amendment quote, click Amend on your contract or Amend Contract on your opportunity. Salesforce CPQ creates an amendment opportunity and amendment quote. The amendment quote contains all the products from the order you contracted. You can adjust the quantities of these products or add new products.

How do I define a subscription product in Salesforce CPQ?

Navigate to Setup Installed Packages Salesforce CPQ Configure Subscriptions and Renewals. Select Month as the value for Subscription Term Unit and Subscription Prorate Precision fields and click Save. To create Subscription Products, navigate to Products Tab and click New, set Active checkbox to True.

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