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Earnest Money deposit in SRM

Former Member
0 Kudos

Hi SRM gurus,

I am new to SRM whether is there possibilty of implementing

Earnest Money Deposit (EMD) in SRM.

In auction we have to deposit this money before bidding

Is this a Standard functionality in SRM

Please have your views

G.Ganesh Kumar

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi Mr Ganesh Kumar,

In SRM 7.0 pubic sector procurment supports fees and payment processes required for specific RFx types. This can take care of EMD in your scenario .

Regards,

RRK

Former Member
0 Kudos

Hi ,

Thanks for the input .We are using EBP 4.0 whether in this version it is possible.

If the functionality is there in SRM 7.0 can you give some link or documents to proceed

G.Ganesh Kumar

Former Member
0 Kudos

Hi,

Please go through the below link. I doubt whether this is possible with EBP4.0.

https://websmp102.sap-ag.de/~sapidb/011000358700001246152008E.PPT

Rgds,

RRK

Former Member
0 Kudos

Hi,

EMD feature is not standard functionality in SRM 4.0 or SRM 5.0. Hence it is not avaible.

But EMD functionality is avaible in Goverment Procuremt Scenario in Tendering Process from SRM 2007 onwards. ( Addon System GP 2.0 ).

Regards

kalandi

Answers (0)