Changing Revenue Plan Information

The system stores all accounting information (events, schedules, and percentages to be recognized per event) in the revenue plan. You can change the revenue plan only on the Revenue Plan page. This table lists the changes that you can make, which depend on the status of the revenue plan:

Revenue Plan Status	Changes
Pending	The first stage for the revenue plan. You can make any changes.
Ready	The system has validated all components of the plan, and most fields are unavailable for entry. However, you can reset the status to Pending and make changes.
In progress	One or more events has processed (a portion of revenue has been recognized). All fields are unavailable for entry. You cannot change any events that are In Progress or Completed. You can modify Pending, and Ready events, and you can add events.
Completed	All events, if they exist, have been completed (all revenue has been recognized). You cannot make any changes. You can only reverse the revenue of the plan, which sets the status to Reversed.
Cancelled	Cancellation may occur due to the entire contract being terminated or superseded, a contract line being dropped, or to consolidate contract lines onto another revenue plan. Once cancelled, a revenue plan cannot be reopened.
Action Required	A contract line amendment has been processed or an event reversed. The system set the revenue plan status to Action Required. You can edit all Pending and Ready events and add new events. Once you have reviewed the revenue plan and made any necessary changes, the system continues with revenue processing and changes the revenue plan status back to In Progress.
Reversal In Progress	When you initiate the reversal of a revenue plan, the system changes the status of the revenue plan to Reversal In Progress.
Reversed	This status indicates that you have reversed the revenue plan and that all processing has occurred.