ECA: Receiving Error When Activating the Contract With Rate Based Contract Line - "The accounting for one or more lines is not valid. Contract cannot be activated (9850,268)
(Doc ID 2684628.1)
Last updated on JULY 24, 2020
Applies to:PeopleSoft Enterprise FIN Contracts - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
When changing contract status to "Active" for a contract with rate based contract line, the following message is received
1. Configure combination edits for a business unit.
2. Create a contract, Add a rate-based contract line
3. Associate an "As Incurred" bill plan to this contract line
4. Activate the contract. The above message is received.
Rate based contract line that is associated with the "As incurred" bill plan, uses accounting rules for generating accounting entries. There is no need to validate the accounting page for this setup. The validation is required for rate-based contract lines associated with "Value-Based" bill plans.
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