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.

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.