If you terminate an asset after renewing it, the billing amount is calculated for the renewal period (not from the inception of the asset). CPQ displays the net price of the current year asset (renewed asset) on the Confirm Termination page.

The termination date can be in the past, the current date, or any date in the future. You can use custom logic to validate the date entered for the cancellation. 

New Sale

You do a new sale of a product where:

Start DateEnd DateSelling TermNet Price
01/01/201912/31/2019121200

Asset Renewal

You renew the asset where:

Start DateEnd DateSelling TermNet Price
01/01/202010/31/2020101000

Order Activation

After you activate the order activation:

Current Net Price of the AssetTotal Net Price of the Asset
10002200

Asset Termination

When you terminate the asset, CPQ displays the current net price of the asset as 1000 on the Confirm Termination page.