Specify the default revenue recurrence settings for a product so that sales representatives do not have to manually enter revenue schedule details while adding a product to an opportunity.

Once you enter the default revenue recurrence settings for a product and save your changes, the next time a sales representative adds that product to an opportunity, the system automatically selects the Recurring checkbox and populates the term interval and term length according to your settings. The sales representative must enter a revenue start date, which is the date that the first payment in the revenue schedule is received.

If necessary, sales representatives can disable recurrence and override the default term length and term interval values.