Use this activity to define a Revaluation Types that can be used on Request Contracts.
The Revaluation Types are used by Contracts, when defining the periodic prices for the contract lines to be invoiced. A revaluation determines when, how, and at what percentage prices on a contract should be revaluated. For example, a contract could be revaluated at the beginning of every year by 5% of the total amount that was agreed upon. The percentage can be positive or negative, for example, a price of $100, revaluated at 5% would result in a revised price of $105. If revaluated at -5%, the revised price would be $95.
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A new Revaluation Type will be created.