1. Make sure that your account has a contract-based renewal model.
2. Click Renewal Forecast on your contract, and then save your changes.Salesforce CPQ creates a renewal opportunity on your account. The renewal opportunity contains opportunity products for all the subscriptions on your original quote. It has a close date equal to your contract’s end date.
3. Click Renewal Quoted on your contract.Salesforce CPQ creates a renewal quote and associates it with the renewal opportunity. The renewal quote starts one day after the renewal opportunity’s close date and has an end date based on your contract’s renewal term. It contains all the subscription products and subscribed assets from the quote you renewed.