Quotation status
The status of the quotation can change as it goes through its cycle.
To change the quotation status, in the EQM mashup, select . Internal controls govern how a quotation can proceed from one status to another.
| Status | Description |
|---|---|
| 10 | Any new quotation typically keeps this status until the quotation is ready to be reviewed internally by, for example, a sales manager. You can change the status from 10 to 20 or 30. If the quotation order type is defined as preliminary, you must set the status to 20 before you can set it to 30. |
| 15 | The quotation has been rejected by an internal reviewer, for example, the sales manager. The salesperson preparing the quotation must review it before re-submitting it. You can change the status from 15 to 20 or 30, depending on the above mentioned rules. |
| 20 | The quotation is ready for approval. When the status of a quotation changes from 10 to 20, a warning message is issued if the quotation margin is less than the margin predefined against the quotation order type. You can change the status from 20 to 10, 15, or 30. |
| 30 | The quotation is approved internally, to become a sales proposal. You can change the status from 30 to 10, 15, 20, 40, or 50. |
| 40 | You can issue the quotation to the customer as an approved sales proposal. You can print quotations with a status between 10 and 50. You can change the status from 40 to 50, 90, 95, or 99. |
| 50 | The customer accepts the quotation, and you can convert the quotation into a sales order. To release the quotation, select . After the sales order has been created, the status is set to 80. You can change the status from 80 to 95. |
| 80 | The quotation is released, to become a sales order. |
| 90 | This status identifies a lost sale. This information is used by M3 Customer LifeCycle Management to analyze lost sales. You can always move a quotation to this status from any other status. |
| 95 | This status identifies an expired quotation. This information is used by M3 Customer LifeCycle Management to analyze lost sales. |
| 99 | This status identifies an inactive quotation, one that has been copied to a new version or deleted as part of the related quotation process. |
| Transaction reason | This information is used by M3 Customer LifeCycle Management to analyze lost sales. |
| Reason text | You can use the reason text to update a text block with additional information. For example, you can use this information when updating the status of the quotation. |