Use this activity to report planned revenues on sales contract revisions to project revenue activities. The planned revenue will be reported automatically when a revision is activated and if the user needs to report planned revenue before activating the revision the Report Planned Revenue indicator should be enabled.
Only one revision can report planned revenue at any given time. If an active revision exists for the contract, it will necessarily be the active revision that reports planned revenue. The revenue elements on which the revenue is reported on the project activities will be deduced depending on the posting control setup and the report codes connected to the sales contract.
As a result of this activity, planned revenues on contract revisions will be reported to project revenue activities to which the revision is connected.