Setting up margin hold criteria for quote orders

Quote orders (QU) that do not meet the margin amount or percentage settings for sales orders can be placed on margin hold. To prevent customers from receiving and accepting quotes that might be detrimental to your company, you cannot print quotes on margin hold in these functions:

• Sales Entry Processing Acknowledgments Report
• Sales Entry Processing Quote Print Report
• Sales Order Entry

You can convert a quote on margin hold to a stock order in Sales Order Entry or Sales Credit Release Inquiry. The stock order is placed on hold. In Sales Order Entry, you can also use a quotes on margin hold to create a price record.

Select the Apply Margin Hold to Quotes option in SA Administrator Options-Documents-Sales Orders-Approval Process to automatically place quotes on margin hold.

If you use margin holds for sales orders and blanket release orders, verify these settings:

• Margin hold code

  If you use legacy hold codes, the code is set up in SA Administrator Options-Documents-Sales Orders-Approval Process. If you use operational hold codes, the code is set up in SA Table Code Value Setup. With each type of hold code, the margin hold code is user-defined.

• Minimum and maximum values for sales orders and blanket releases (SO/BR)

  The minimum and maximum values for margin percent holds and margin amount holds are set up in SA Operator Setup-Entry Options. If you retain the default value of 0.00, the parameter is not included in the order approval check.