When you change the revenue plan status to Ready and click the Save button, the system performs the following edit checks:
• The contract status is mapped to a processing status of Active. This ensures that the contract is fully captured, pricing is fully allocated, and all accounting distributions are defined and valid.
• At least one contract line is attached to the revenue plan.
• For Milestone and Apportionment method revenue plans, a minimum of one event is defined for the revenue plan and the sum of the events equals the plan amount.
The same edits apply when the system automatically readies the revenue plan upon contract activation through the revenue template option.