Complete Sales Quote Based on Vendor Bids

Purpose: To update sales quote lines with customer pricing based upon bids received in response to RFQs sent to vendors.

From the Lines tab of an existing in edit mode(adj) in any document, left-click the Edit button (most commonly located in the document window toolbar); after the button is selected "[Editing]" should appear in the document window title bar:

1. Left-click a line in the Unit Price column; an ellipsis will appear.
2. Left-click the ellipsis; a menu will appear.
   
   
3. Left-click Vendor Bids from the menu; the Vendors Bids window will appear displaying a list of all RFQ[acronym for 'request for quote'] (n) a document sent to vendors requesting pricing and terms for a specific quanitity of items that your organization needs.s converted from the sales quote line and will include bid information that has been entered into the existing RFQs.
   
   
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4. Double-click on the line (vendor bid) that should be used as a basis for customer pricing; the MarkUp Lines window will appear.
   
   
5. Ensure the radio button to the left of MarkUp is selected (in general, the MarkDown selection will not be utilized in this process).
6. Identify whether the vendor bid should be marked up by a percentage or amount (per unit).
7. Enter the percentage or amount in the field at the bottom of the MarkUp Lines window then left-click the OK button on the MarkUp Lines window tool bar.
8. After all lines are marked up, left-click the OK button on the Quotation window tool bar.
   NOTE: The Unit Price associated with the lines for which vendor bids were selected and marked up will be updated once the OK button on the Quotation window tool bar is selected.
9. After the sales quote is printed (link pending), the document status of the sales quote will change to Bid and the line status of all lines will change to Customer Quote (CQ).

NOTE: When a line is selected , the Vendor Bids line tab(n) in Pentagon, a subset of tabs on which information changes depending upon theselection of a particular line within the document will display a list of all RFQs converted from the sales quote line and will include bid information that has been entered into the existing RFQs.

NOTE: When a line is selected, the Cost line tab will display information regarding the base cost (by unit) and markup in both terms of percentage and amount (by line).