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Created Project Contract with Contract Line and amount but RMCS Contract not getting created

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Summary:

  1. Created Project Contract with Contract Line and amount. Associated it to a project and collected cost for that project using Miscellaneous Cost
  2. Generated PPM Invoice and transferred it to AR and accepted the Invoice in PPM
  3. Ran Extract Revenue Basis Data from Oracle Fusion Applications’ but getting error that 'You Must Enter an Item or a Memo Line'
  4. Ran Validate Customer Contract & Identify Customer Contract
  5. RMCS Contract not getting created

Is it mandatory to have project cost for Items in order to create RMCS Contract from Project Contract?

Attached screenshots of Project Contract and the error.


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