Quotation Status

The status of the quotation can change as it goes through its cycle.

The quotation status must be changed from the EQM mashup using related option 'Change status'. There are internal controls which govern how a quotation can proceed from one status to another.

Status	Description
10	This is the status that a new quotation receives and a quotation will typically stay in this status until the quotation is ready to be reviewed internally by, say a sales manager. A status 10 order can be set to status 20 or 30. If the quotation order type is defined as preliminary, then it must go to status 20 first before status 30 can be set.
15	Status 15 signifies that the quotation has been rejected by the internal reviewer such as the sales manager. A status 15 quotation would be a signal to the salesperson preparing the quotation that they need to review it before re-submitting it. A status 15 order can be set to status 20 or 30 (depending on the rules mentioned above).
20	Status 20 can be used to signify that a quotation is ready for approval. When changing a quotation status from 10 to 20, a warning will be issued if the quotation margin is less that the margin pre-defined against the quotation order type. A status 20 order can be set to status 10, 15 or 30.
30	Status 30 signifies that it approved internally to become a sales proposal. A status 30 order can become status 10, 15, 20, 40 or 50.
40	The quotation can be issues to the customer as an approved sales proposal. Printing can be printed between status range 30 - 50 A status 40 quotation can become status 50, 90, 95 or 99.
50	The quotation has been accepted by the customer and can be turned into a real sales order. The quotation is released by using the related option 'Create CO'. Once the sales order has been created then the status will be set to 80. A status 80 quotation can only be set to status 95.
80	The quotation has been released to become a sales order. This is described in more details below.
90	A lost sale, this information will be used by M3 CLM to analyze lost sales. A quotation can always be moved to this status from any other status.
95	An expired quotation, this information will be used by M3 CLM to analyze lost sales.
99	An inactive quotation, this is one that has been copied to a new version, or was deleted as part of the a related quotation process.
Transaction reason	This information will be used by M3 CLM to analyze lost sales.
Reason text	Reason text allows you to update a text block with additional information. This can be used for example when updating the status.