Approve Quotation – A Summary of the Activity

This activity allows you to Approve Quotation, which is in the authorized status. After authorization, the status of a quotation changes to “Open”. An “Open” quotation cannot be modified; it can only be approved. A Quotation can be subjected to multiple approvals. An authorized quotation may be approved when the buyer finds the quoted amount for the items to be reasonable. When a Quotation is approved, the system increments the approval number for that Quotation. The system always displays the latest approved Quotation whenever it is viewed.

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