This activity is used to add sub contract line items. For all sub contract lines, there can be zero or more line items. When a new line item is added, the values in the following fields appear automatically:
If Activity Required toggle is enabled in the General Information tab, project information is required.
The project ID and purchase part site values will not be copied to the new sub contract line item.
You can override some default values in the respective override fields.
If the valued item is not a work item or an item to be consumed, it is recommended to use a separate line item for the stored material value to prevent mixing the value of the item and the stored material.
Note: Tax rates for a supplier may change during the life cycle of a contract. In that case, the tax rates for existing contract items can be updated, if Refresh Line Item Taxes is enabled while activating the contract revision or while awarding the contract or anytime by selecting Set Default in Sub Contract Item Tax Lines dialog.
When a valuation is created for an item, the currency, unique project and billing sequence of the item are used to create a unique valuation. A billing sequence can be added to an already existing line item only if it has not been included in any valuation.