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Update the product version if it’s still in draft status.
Publish the product version to officially confirm the product version is configured correctly and completely and can be used for sales. Once the product version is published, all the information is view-only.
Activate the published product version to make it used for sales. Only one product version can be active at a time.
Once the product version is active, it will be used for creating quote of that product starting from the time it’s activated.