What it does : for current year sales: set YTD index = 1. For last year, if the close date is less than : today in last year: set YTD = 1. This gives me an immediate, real time, YTD comparison of sales for both years.
How much money does Salesforce make a year?
Year-over-year revenue increases 26% to more than $8.4 billion for the fiscal year ending January 31, 2017. Salesforce has more than 25,000 employees across 25 countries. Forbes recognizes CEO Marc Benioff as “the decade’s top innovator.”
How much data does Salesforce retain in Salesforce?
Salesforce retains data only for the last three months and the current month. Each Historical Trend Report can accommodate up to 11 fields. In Opportunities reports, it includes the standard pre-selected fields which cannot be disabled. Formula Fields are not supported. The Summary report format is not supported.
How do I add years to a date?
Adding years to a date is fairly simple, but do check that the future date is valid. That is, adding five years to February 29 (a leap year) results in an invalid date. The following formula adds num_years to date by checking if the date is February 29 and if the future date is not in a leap year.
What's new at Salesforce?
Chairman and CEO Marc Benioff publishes Behind the Cloud, a memoir of Salesforce’s early days and growth to a company with $1 billion in annual revenues. Salesforce agrees to acquire Heroku, an application platform-as-a-service, to support for the next generation of app developers. Editor’s Note: Read more about Salesforce acquisitions.
How do I do a year-over-year report in Salesforce?
Calculate Year-over-Year (YoY) or Quarter-over-Quarter (QoQ) in...From 'Reports,' click New Report.Select the 'Opportunities' report type, then click Create.If in Classic, set the report as Matrix Format.Drag Opportunity Owner as the primary 'Row Summary'More items...
How do I create a growth report in Salesforce?
0:203:41How to Create a Growth Report in Salesforce Lightning - YouTubeYouTubeStart of suggested clipEnd of suggested clipSo first we're going to go to our reports tab. And then click on new report. The report type that weMoreSo first we're going to go to our reports tab. And then click on new report. The report type that we're going to use is opportunities i'm going to clean up some stuff on the side.
How do I add a year to a date in Salesforce?
Salesforce Date Formula – Today's date plus one yearTip One: In a formula, if you want to add a certain number of days to a given date, just use the plus operator. ... Tip Two: You can use the MONTH(), DAY(), and YEAR() formula functions to get the various parts of a date. ... Tip Three:
How do I create a month over month report in Salesforce?
0:091:11How to Group By Month in Salesforce Reports - YouTubeYouTubeStart of suggested clipEnd of suggested clipReport. And the most important thing that you need to do is to group rows by the date field that youMoreReport. And the most important thing that you need to do is to group rows by the date field that you want to use. So i'm just going to use close date.
What does yoy growth mean?
Year-over-yearKey Takeaways. Year-over-year (YOY) is a method of evaluating two or more measured events to compare the results at one period with those of a comparable period on an annualized basis. YOY comparisons are a popular and effective way to evaluate the financial performance of a company.
How do I use Prevgroupval?
Using the PREVGROUPVAL() function in Summary report Let's create a Summary report: Use the Opportunity report type. Group by Stage and Close Date (Group Dates by Calendar Month). Add the summary formula and name it Prev Month Won with this formula: PREVGROUPVAL(AMOUNT:SUM, CLOSE_DATE).
How do I add 12 months to a date in Salesforce?
Simply use the ADDMONTHS() function for these requirements. NOTE: To use a number other than 28, substitute in that preferred number in place of 28 in this formula.
How do you write a date formula in Salesforce?
Use the functions DAY( date ) , MONTH( date ) , and YEAR( date ) to return their numerical values. Replace date with a value of type Date (for example, TODAY() ). To use these functions with Date/Time values, first convert them to a date with the DATEVALUE() function. For example, DAY( DATEVALUE( date/time )) .
What is Datevalue in Salesforce?
Use the DATEVALUE( date/time ) function to return the Date value of a Date/Time. For example, to get the year from a Date/Time, use YEAR( DATEVALUE( date/time ) ) ) . You can convert a Date value to a Date/Time using the DATETIMEVALUE( date ) function.
What is Salesforce Prevgroupval?
PREVGROUPVAL() lets you compare a specified grouping against a previous grouping in the report builder, making it a powerful tool for calculating how values change over time. PREVGROUPVAL() is most useful for evaluating report data that you've grouped by a date field, such as Close Month or Created Date.
How do you bucket a date field in Salesforce?
Bucket a Date Field in a RecipeOn the column header of the date field you want to bucket, click. ... Enter a start date and end date for Bucket1, and enter a name for the bucket. ... To add more buckets, click.More items...
How do you bucket data in Salesforce?
Required Editions and User PermissionsEdit a report.Find the column you want to bucket in the report preview, then click. | Bucket This Column. ... From Field, choose a field from the report type. ... From Bucket Name, enter a name for the bucket column.Add buckets and choose values for each bucket. ... Click Apply.Click Save.
Is the current month the focal point?
Sometimes the current month is the focal point. Other times the current year to date is desired. Often there is a desire to compare the current year to date (or fiscal year to date) to the same time frame during the previous year.
Can you use a formula field in a report filter?
The best part is, it only consumes a single dashboard filter. The other two dashboard filters can be utilized for other filtering needs. You can also make use the formula field in report filters to easily add FYTD, QTD, or MTD filters.
Can you build a dashboard with a report?
Instead, you can build a single dashboard along with the necessary source reports and allow the running user to choose their time frame with the ease and simplicity of selecting an option from a drop down menu.
Create A Formula Field
Wait, What’s Going on in there?
- If you are panicking because of the length, it’s really just a bunch of small, simple calculations strung together. Check out the slide deck below for a breakdown of the logic using pictures. You’ll also want to reference the function documentationto understand how each part is calculated. Here’s an example string based on “today” being July 31, 2019 and the date value on the record …
Putting This to Use
- You’ll get the best experience from this solution by employing it on a dashboard. First create the source report you need in order to show the KPI (or multiple KPIs) that you are interested in. But be sure to leave the time frame set to “All Time” for the date field being used in your relative time periods formula. Or you may have a situation where...
Conclusion
- With so much flexibility in the dashboard filter settings, you can dial this solution in to solve a myriad of configurations. The best part is, it only consumes a single dashboard filter. The other two dashboard filters can be utilized for other filtering needs. You can also make use the formula field in report filters to easily add FYTD, QTD, or MTD filters. Just ensure the formula field contai…