RFQ & QUOTATION

[Former Member]

Hi,

RFQ & quotation both have same number ?

regards

[Former Member · Accepted solution]

Hi Lakshmi

RFQ and Quotation have number

In P2P cycle we raise RFQ if source of supply is not known

1. Request for Quotation: Purchasing dept will collect the purchase requisition and send request for quotation to the vendor/s.

Once vendor respods to these RFQ these are maintained as quoatation

( Once purchasing dept receives quotations from the vendor, it's time for vendor selection to find out the best suitable vendor for releasing purchase order. During the vendor selection, several factors will be accounted i.e. rate, quality, lead time, after supply service).

Vishal...

[Former Member]

hi,

RFQ means sending quotation.

Quotation means maintaining the price of the vendor of that RFQ.

both are having same no only

Rgds

raja

[Former Member]

Hi

RFQ , is the once which we send it to the vendor, this number will be generated by SAP in ME41

Whereas Quotation is tht where we are enteri(record ) the condition and details sent by the vendor in ME47 against the RFQ.

Hope it wud have answered ur question

Reward if useful

Aasif

[Former Member]

Hi Lakshmi,

Please spend some more time to ellaborate your query to understand the actual requirement in a better way. Please mind yourself to put a little more effort in querying a query.

Regards,

DilliB

[Former Member]

Hi,

it's O.K.

this time i found no of experts those who are giving valuble responces, at a same time,

i would like to clarify my doubts

regards

[Former Member]

Hi Lakshmi,

But it does not mean that you should not even spend some time in order to frame a question in a proper way.

I hope as a professional you should take the critics in a constructive content.

Regards,

DilliB

[Former Member]

hi dilip,

ok, i will fallow ur valuble suggetion,

regards