Procure to Pay (P2P) Cycle Part3

Quotation:
It is also a purchasing document; prepared by the Suppliers which contain the quote details, Price, payment terms and so on. We will enter all the Quotations details in the system through a form.
There are three types of Quotations available.
  • For Bid RFQ: Bid Quotation
  • For Catalog RFQ: Catalog Quotation
  • For Standard RFQ: Standard quotation

The management will do quote analysis and choose the best quotation from all suppliers.


Navigation: Purchasing, Vision Operations (USA) ---> RFQ’s and Quotations ---> Quotations
Procure to Pay (P2P) Cycle, www.askhareesh.com

Enter all the details of Quotation for that particular RFQ by entering RFQ number at headers level.

Procure to Pay (P2P) Cycle, www.askhareesh.com

Enter the discounts by clicking Price Breaks button and save data.
The tables affected with this Quotation creation are:

SELECT * FROM PO_HEADERS_ALL WHERE SEGMENT1='503' AND TYPE_LOOKUP_CODE='QUOTATION';

SELECT * FROM PO_LINES_ALL WHERE PO_HEADER_ID=110348;

SELECT * FROM PO_LINE_LOCATIONS_ALL WHERE PO_LINE_ID=173276;

PO (Purchase Order):

PO is one of the main documents, prepared and approved by the buyer according to the quotation  and sends it to the supplier which contains the information of terms and Conditions, Items details, Quantity, Price, Distribution, Shipment Details and so on. .
There are four types of Purchase Orders.
  • STANDARD
  •  PLANNED
  •  BLANKET
  •  CONTRACT

Purchase Order types Summary:
Procure to Pay (P2P) Cycle, www.askhareesh.com

Navigation: Purchasing, Vision Operations (USA) ---> Purchase Orders ---> Purchase Orders
Procure to Pay (P2P) Cycle, www.askhareesh.com

Enter the Information at headers and lines level as below.

Procure to Pay (P2P) Cycle, www.askhareesh.com

Click on Shipments button to enter Shipments level details.

Procure to Pay (P2P) Cycle, www.askhareesh.com

Click on More tab of this form, you can find match approval level.

Procure to Pay (P2P) Cycle, www.askhareesh.com

*/