Enhance Your HubSpot Experience: Mastering Custom and Calculation Properties

Introduction

HubSpot users, are you making the most of the platform's custom and calculation properties feature? Whether you're using the Pro or Enterprise version, understanding how to leverage these properties can significantly enhance your data management and analytics capabilities. This guide will walk you through the process of creating and using calculation properties to streamline your business operations.

Creating Custom and Calculation Properties in HubSpot

1. Navigating to Properties:

   • Log into your HubSpot account and click on the gear icon to access settings.
   • Under 'Data Management', select 'Properties' to view and manage your existing properties or create new ones.

2. Creating a New Property:

   • For this example, we'll focus on deal properties. Navigate to 'Deal Properties' and create a new property.
   • We'll start by creating a property to calculate sales tax from a deal amount, an essential metric for financial clarity.

3. Setting Up Calculation Properties:

   • Choose 'Calculation' as the field type and proceed to build your calculation.
   • For calculating sales tax, input a formula that multiplies the deal amount by the tax percentage (e.g., 0.05 for 5%).

4. Applying the Calculation:

   • Once the property is created, it will automatically calculate the sales tax based on the deal amount.
   • You can view this new property within your deal details, providing instant insights into the sales tax component of your transactions.

5. Creating a Property for Amount Minus Sales Tax:

   • To further refine your financial analysis, create another calculated property that subtracts the sales tax from the total deal amount.
   • This property will give you a clear view of the net amount, enhancing your financial reporting and decision-making.

6. Utilizing the New Properties:

   • With these new properties in place, you can easily track and analyze critical financial metrics directly within HubSpot.
   • These calculations can be customized to fit various business needs, offering flexibility and precision in your data management.

By mastering custom and calculation properties in HubSpot, you can significantly enhance your data analysis and business intelligence capabilities. These properties allow for a more nuanced understanding of your financial metrics, enabling better decision-making and strategic planning. Remember, the true value of these tools lies in their application, so start experimenting and become the data hero your organization needs.