REQUEST FOR QUOTE (MANUAL)

You may often have to call for competitive Quotes from Suppliers, without going through an elaborate Requirements collection process.

To create a manual quote, click the Create Request For Quote link under PROCUREMENT > Request For Quote

You need to give a name to the RFQ in the Header. A Response required by date is mandatory, as also RFQ category which is ‘Manual’ in this case.

In the next section, you can add one or more suppliers to the RFQ and also record any notes for information of the Suppliers.

Click Create to save the RFQ

As the RFQ is saved and assigned the next number in the sequence, the RFQ Items tab will be opened. As there are no items on the RFQ, you need to add the Products (Or Services) to it.

Choose the Item Type from among Fixed Asset, Inventory or Expense. Items are added to the RFQ when you click the Add button

Cancelling an RFQ

You can cancel the manual RFQ at any time before Quotes are entered on it. Click the one-click Cancel the RFQ link and the RFQ status will be updated to ‘Cancelled’. This change cannot be reversed.

* RFQ cannot be cancelled once Quotes are entered on it

The next step with RFQ is recording Quotes received from Suppliers. Refer Supplier Quotes.