Quotation Maintenance

WhenAt the time of

finalization of vendor

whichWhere

Purchasing Organization

WhatComparing of

Quotation

WhyTo find best Quotation

HowThrough T Codes: ME 47 & ME 49

Quotation Maintenance

• Quotation : Quotation is an offer by a vendor to purchasing Organization regarding the supply of material subject to specified condition.

• It is legally binding on the vendor for a certain period

• Quotation is a reply by a vendor in response to request for quotation.

• Each vendor sends different prices

• Step1 : T Code for quotation maintenance – ME47

• Step2:RFQ: request for quotation that we are using as a reference document.

• Enter

1) RFQ QUANTITY

2)DELIVERY DATE

3)NET PRICE PER UNIT OF MEASURE

4)STORAGE LOCATION

5) ITEM DETAILS YOU WILL BE PRESENTED THE FOLLOWING SCREEN.YOU MAY CHANGE DETAILS AS PER YOUR REQUIREMENTS

Rejection indicator T code:me49

Rejection indicator T code:ME9Aclick on execute