Entire Site
Free Trial
Safari Books Online is a digital library providing on-demand subscription access to thousands of learning resources.
- Create BookmarkCreate Bookmark
- Create Note or TagCreate Note or Tag
- DownloadDownload
- PrintPrint
5. Understanding Pricing in Procurement ... > Creating order from quote order
This recipe demonstrates how, after you enter supplier price quote, you compare price quotes to identify the supplier with the best price and select a price quote for creating the purchase order.
Set up the Processing Options for the Release Open Quotations (P43360) program to generate the purchase order from Quote Order.
- Access the Release Open Quotations (P43360) program from the G43A13 menu.
- Enter the Supplier purchasing agent that is assigned to the quote order. This field is not used to enter suppliers responding with price quotes.
- On the Quote Order Release form, locate the line that you want to release.
- Enter the Release Quantity that indicates the price quote that the system is to use for the order, if the supplier provided price quotes for multiple item quantities. You are now ready to generate orders for the price quotes you have chosen. The system warns you if you attempt to exit at this stage.
