What is meant by quotation and quotation analysis?

Answer Posted / kranthioracle

quotation = is a statement consisting of current price of
the commodity which the supplier will be sending to the
organisation, when we place RFQ

quotation analysis = after getting the quotation from
different suppliers we select the best quotation , the
process of selecting the best is know as quotation analysis.

Is This Answer Correct ?    25 Yes 19 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Hi I'm new in ERP - Oracle Application i appriciate if any one help me in this issue i need SQL to get badeget balance Acutal Balance Encumbrance Balance fund Avalable thanx ahmed

1805


What is automation of accounts payable activities (evaluated receipt settlement)?

844


Give examples & explain the below mentioned activity. "Analyzing the documents provided by the client and thereby identifying the test cases to be tested for the application assigned (FA, AP and GL)"

1952


what is the difference between before pages trigger and after parameter trigger in reports ?

2109


I have created an invoice and made the payment in Accounts payable. Now the payment status is Negotiable and accounting status is processed. I reconciled the transaction in Cash Mgmt, The status changed from negotiable to Reconciled in CM. I checked the payment status for the invoice in payment window(AP), the payment status changed to RECONCILED UNACCOUNTED i.e correct but the accounting status is remain processed which is not the correct. I hope the transaction will be correct if the accounting status would have changed to PERTIAL . Please suggest any solution for the above query.

4889






I am currently working in reputed Org as a Oracle apps end user (AR). Learned R12 functional course, but no real time exp as in support or implementation project.Please guide. thank you.

1859


1.what is the name of program to create invoice automatic from po.? 2.How to auto upload the bank statement? 3.PO tax has not flown to invoice . why? Debit memo not generated for return of goods.??

3167


difference between tds and income tax (India)

1534


What is the use of mo: security profile, while configure multiorg?

735


What is gap analysis, how do you defined. What are the pre-requisities?

773


What do you mean by controlling buyers workload?

9328


difference between 11i&r12

1598


1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?

3567


How to Reconciliation AP to CM ? How to Reconciliation AR to CM ?

1565


We are running Oracle EBS 11i and yesterday whilst doing my month-end I forgot to select "calculate finance charge" on form ARXSUPST AR Print Statement run. I am struggling to get to My Oracle and was hoping someone out there might have experienced or heard of a similar problem. What are my options to rectify this situation... I look forward to you inputs..... Thank you Regards Salie

2343