The Generate Process

When the proposal status changes to Committed, you can run the Generate process to create the contract and project structures. After you run the Generate process, the system automatically updates the Generate status of the proposal to Generated on the Maintain Proposal page in PeopleSoft Proposal Management and creates the following based on information from the proposal and on the default values for the contracts business unit:

• Contract general information.

• Contract lines.

• PeopleSoft Billing plans.

• Revenue recognition plans.

• Projects and activities.

• Resource lines (asset, material, labor, and other).

• Rate sets.

After the system creates the contract and the contract lines, you cannot run the Contract Generation process again for the proposal. The system stores the contract and project IDs that you created in PeopleSoft Contracts and PeopleSoft Project Costing with the proposal in the appropriate tables.