Revenue plan templates are created on the Billing/Revenue Plan Templates page.
Templates enable you to define the basics of the billing plan or revenue plan, and then associate the templates with the products.
After you create a contract and select products that are associated with templates, the system automatically creates a billing and revenue plan for you, combining contract lines according to the methods and price types that are associated with the products.
Using revenue and billing plan templates is optional, but they enable you to automate much of the billing and revenue on plan setup that is required for contract lines.