Transaction type field in revenue method setup page is not listing event types

Summary:

I created a new event type (shown in yellow in the attached screen shot) to populate in the revenue plan to generate an amount based revenue based on a revenue configurator logic as we have requirements to recognise contract losses as and when they are recognised. The result of this process configurator is to automatically create a calculated revenue event using the logic specified in the revenue plan.

However I don’t see this event type in the transaction type list of values in the revenue method setup page. Are there are incremental setups that need to be completed. Appreciate if you can guide me in the right direction.