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Manage purchase job quotations

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6 min readUpdated

Manage purchase job quotations

An RFQ is a request sent to sub-suppliers for an offer. A purchase quotation records the offer that comes back, after the RFQ and before the purchase-order stage. Use it to check the offer, keep a valid alternative or revision, and move the selected quotation forward as a purchase order (PO).

If you need to…Go to
Prepare the record and identify the quotation stageBefore you start
Reach the saved purchase jobFind and open a quotation
Check fields, items, and related tabsUnderstand the quotation panel
Save, validate, or convert the quotationValidate and convert a quotation
Create an alternative, revision, or returnCreate alternatives, revisions, and returns
Correct a refused actionWhen a quotation action is refused
Continue after conversionContinue with the purchase order
Work on the RFQ before the quotationPurchase job RFQs
Continue with the order after conversionPurchase job orders
Manage files and history on the recordPurchase job comments, files, and history

Before you start

Before choosing a stage action, prepare the saved record and the offer details.

Prerequisites

  • Have a saved purchase job with an open Offer panel.
  • Make sure the quotation is editable. Save, Valid Offer, Alternative Offer, Revision, and Back to RFQ depend on the record being saved and editable in the applicable quotation state.
  • Have the offer number, offer type, offer date, validity period, delivery time, delivery term, payment method, and payment period ready.
  • Check the quotation's item rows before validating it. An offer must contain at least one item.

The Offer panel applies while the purchase job is at Offer and before Order, and the individual offer must be open. Convert To PO applies when the offer is valid or considered valid. Alternative Offer and Revision apply when the offer is valid, considered valid, or expired. Back to RFQ applies to a saved quotation that is not ordered.

Find and open a quotation

A quotation is opened from the saved purchase-job record at /procurement/edit/:ID.

Prerequisites

  • Know the saved purchase job you need to review.

Steps

  1. Open the saved purchase job record.
  2. Select Offer in the stage bar.
  3. Open the quotation in the Offer panel.
Look at the purchase-job record header and stage bar before opening the quotation panel.

Result: The quotation is open in the Offer panel.

Understand the quotation panel

The quotation panel contains the offer details, item information, stage actions, and related record tabs. Review these areas before changing the offer.

AreaWhat to check
Offer detailsOffer No., Offer Type, Offer Date, Validity Period, Delivery Time, Delivery Term, Payment Method, and Payment Period
Offer statusStatus and Vendor
Item informationProduct, Offer Validation, Unit Price, and Currency
Related record workAttachment, Purchase Invoices, and Last Modifications
Stage actionsValid Offer, Convert To PO, Alternative Offer, Revision, Rejected Offer, Cancel RFQ, Denied To Extend, and Back to RFQ

The offer form applies the following value rules:

FieldRule
Offer DateThe date cannot be later than today.
Validity PeriodThe value cannot be below 0.
Delivery TimeThe value cannot be below 1.
Payment PeriodThe value cannot be below 1.

The record also includes the product, offer date, offer validation, delivery time, delivery term, payment method, payment period, unit price, and currency columns for quotation items.

Validate and convert a quotation

Use this procedure to save the quotation, mark a saved draft as valid, and convert a valid quotation into a purchase order.

Prerequisites

  • Open a saved, editable quotation in the Offer panel.
  • Complete the quotation fields and keep at least one item in the offer.

Steps

  1. Select Save after completing or changing the quotation.
  2. Check the quotation fields and item rows if the screen displays Check mandatory field(s).
  3. Add an item if the screen displays Offer must have at least one item.
  4. Enter a value that meets the field rule.
  5. Select Valid Offer when the saved quotation is a draft.
  6. Select Save again.
  7. Select Convert To PO when the quotation is valid or considered valid.

Result: The quotation is marked valid or continues as a purchase order.

Create alternatives, revisions, and returns

These actions keep a quotation's correction and return paths with the quotation stage. Choose one action that matches the quotation's current status.

Prerequisites

  • Open a saved quotation that is not ordered.
  • Make sure the quotation is editable.

Steps

  1. Select the action that matches the quotation's current status.

    Quotation situationSelect
    Valid, considered valid, or expired; you need another offerAlternative Offer
    Valid, considered valid, or expired; you need a changed versionRevision
    Valid, considered valid, or expired; you need to reject itRejected Offer
    Valid, considered valid, or expired; you need to cancel the RFQ pathCancel RFQ
    Expired; the extension must be refusedDenied To Extend
    Saved and not ordered; the quotation must return to the RFQ stageBack to RFQ
    Rejected; you need to restore the quotationConsider Offer as Not Rejected
    Cancelled; you need to restore the RFQ pathConsider RFQ As Not Cancelled
    Regretted; you need to restore the quotationConsider As Not Regretted
    Extension rejected; you need to restore the extension pathUndo Denied To Extend

Result: The quotation follows the selected alternative, revision, rejection, cancellation, extension, or RFQ-return path.

When a quotation action is refused

Quotation validation messages identify the information or item state that must be corrected.

MessageWhat to do
Check mandatory field(s)Complete the required quotation fields.
Offer must have at least one itemAdd an item to the quotation.
Please insert at least one productAdd a product to the package.
Check RFQ mandatory field(s)Complete the required RFQ fields before continuing the quotation flow.
Please insert at least one RFQAdd an RFQ before continuing.
Inquiry must have at least one itemAdd an item to the inquiry.
Check PO mandatory field(s)Complete the required purchase-order fields.
Please insert at least one POAdd a purchase order before continuing.
Order must have at least one itemAdd an item to the order.
Items labeled as ‘Ready for Shipment’ or ‘Delivered’ cannot be deletedKeep the protected item in the order.
Package products cannot be emptyAdd a product to the package.
An error occurred while processing your requestCheck the quotation data and try the action again.

The quotation actions can also return these messages:

Message
Converted to offer successfully
Item(s) Regretted
Item(s) Cancelled
Item(s) Rejected
Item(s) Reactivated
Product package deleted from all inquiries
Product package deleted from all offers
Product package deleted from all orders
Order updated successfully. Undelivered. A draft invoice was deleted
Job reactivated successfully
Email sent to client. Added to emails list activity
Invalid input. The value must be greater than 0 and cannot exceed 999,999.00
Invalid input. Please enter a non-negative value
Invalid input. The tax rate must be between 0 and 100

Continue with the purchase order

A purchase order is the next purchase-job stage after a quotation is converted. Continue the order work on the purchase-job order page, and use the record's related tabs for companion work.

Next taskPage
Work on the converted purchase orderPurchase job orders
Return to RFQ workPurchase job RFQs
Manage files, invoices, and change historyPurchase job comments, files, and history

Result: The quotation work ends at the purchase-order handover or at the selected RFQ return path.

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Manage purchase job quotations — PAMS Fresh Generation