A purchase quotation is a document that summarizes a request to purchase goods or services from a vendor at a certain price and under specified conditions.
Creating a purchase quotation is the first step in the purchase process. It contains the information received from a prospective vendor about the cost of goods and services that your company may purchase from him.
Purchase quotation is not an enforceable or legally binding document. It does not trigger any changes in Transaction journal or accounting and inventory-related transactions. Information on transactions triggered by the purchase quotation is recorded in Purchase pricing journal.
To go to the Purchase quotation:
- On the Codejig ERP Main menu, click the Purchase module.
- Under the Purchase module, click Purchase Quotations.
Purchase Quotation: Items Section
Purchase Quotation: General Area