Sales quotations are used to supply a sold-to business partner with the required details to make a purchasing decision.
You can create a sales quotation in response to a request for quotation (RFQ) from a business partner, or as a sales tool to initiate the sales process with potential business partners. A quotation includes the dates, terms, items, or item descriptions to be sold, and a success percentage, which reflects the level of certainty that the quotation will be accepted. Sales quotations are included in the planning modules based on their success percentages. Quotations with a high success percentage are considered as sold.
You can print and send quotations to business partners. You can specify the results of the returned quotations in Sales. If the quotation is not accepted, you can...