Contract Line Changes on a Pending Contract

Once you have created your contract, added your contract lines, allocated total contract price for billing and revenue across contract lines and assigned rate sets or rate plans to your rate-based contract lines, any changes that you need to make to the pricing structure is controlled by the processing status of the contract.

While, the contract is in a Pending processing status, you can delete or add contract lines, update total contract price for billing and revenue and reallocate prices for billing and revenue across contract lines on the Billing Allocation page and Revenue Allocation page. If different rate sets or rate plans are needed for your rate-based contract lines, you can update the Related Projects page with any changes that you need.

Once the contract is in an Active processing status, any changes made to the pricing structure of a contract line must be made using amendment processing. If billing or revenue recognition has occurred against the contract lines impacted by the needed changes, then potentially, you may also need to cancel contract lines, or reverse billing or revenue before applying your pricing changes. You can make changes to the associated rate set or rate plan for a rate-based contract line without amendment processing.