This activity is used to activate a sub contract revision. A sub contract revision can be set to the Active status once it has been approved. An active sub contract revision is necessary to perform the following:
An active sub contract revision can be modified as long as it is not Frozen, and if the Audit Trail Enabled check box is selected, all changes made to the sub contract will be logged. If there are any contract change orders connected to the line items, they need to be in the Active or Closed status to be able to set the revision to Active. When you are activating a sub contract revision, and another active revision already exists, a message is displayed requiring approval for setting the current active revision to obsolete.
The Report Planned Cost check box in the Sales Contract/Lines/Items/Items tab will be selected automatically when the revision is activated. If there is a project activity connected to the items that belong to the active revision, planned cost will be reported to the project. The cost elements on which the cost is reported to the connected project activities will be derived depending on the posting control setup.
The contract items retrieve the tax rates of the awarded supplier, if defined. If tax rates exist for the items, these values will be removed and replaced with the tax rates of the contract or awarded supplier, if the Refresh Line Item Taxes check box is selected when activating the contract revision. If not, the tax rates defined for the item will be taken.