Status

This field indicates whether the vendor response to an item price request has a status of Open or Accepted. The status is set to Open by default when a new response is entered. You can change it to Accepted at any time. The status is set to Accepted automatically if you copy a vendor response to a purchase order or PO requisition.

An email notification is sent to users associated with the vendor and also subscribed to the Item Price Request alert, to let them know when an item price response is accepted.