| # Generate Sales Quotations for Project (tipcs2240m000) Use this session to generate sales quotations in Sales on the basis of a budget drawn up for a project. As a result you can submit a quotation to a customer, based on budget data. Budget A budget is a project of the type budget. Related topics Project types Sold-to Business Partner The business partner that orders goods and/or services from your organization. This usually represents a customer's purchase department. Sales Office A department that is identified in the company business model to manage the business partner's sales relations. The sales office is used to identify the locations that are responsible for the organization's sales activities. Order Type A classification of sales and/or purchase orders with similar work flows. Order types determine the character or function of an order and, consequently, of the message. Order types prescribe the chronological order of the sessions (order steps) in the order procedure. The main point is, that you must carry out order steps successively to process a purchase or sales order. Sales Quotation A statement of price, the terms of sale, and a description of goods or services offered by a supplier to a prospective purchaser; a bid. The customer data, payment terms, and delivery terms are contained in the header; the data about the actual items is entered on the quotation lines. When given in response to a request for quotation, a bid is usually considered an offer to sell. Quotation Date The sales quotation's creation date. You can modify the date as long as no quotation lines are present. Completion Date The completion date, which must be greater than or equal to the quotation date. Expiry Date The final day on which the quotation is valid. Default value The default expiry date for the quotation is automatically calculated by adding the number of days specified in the Effectivity Period of Quotations field of the Sales Quotation Parameters (tdsls0100s100) session to the quotation date. This date must be greater than or equal to the completion date of the quotation. Reference A The first extra reference by which the order or request for quotation can be identified. This reference is printed on various order documents and lists. Reference B The second extra reference field that you can fill with extra information. This reference is printed on the order documents and lists. Success Factor A percentage associated with a quotation that represents the probability of the business partner accepting the quotation. Acceptance results in the conversion of the quotation into a sales order. The default success percentage is zero. Order Discount The discount percentage when LN determines the total quotation amount. For example, if the sales price is $50 and the quantity is 100 and the order discount percentage is 15%, the net amount must be part of the quotation amount: 50 x 100 x (100-15)/100 = 50 x 100 x 0.85 = 4250 dollars Quotation Currency The currency in which the quotation is expressed. As default, LN enters the currency in the Business Partners (tccom4500m000) session. If the quotation currency is empty, LN takes the currency defined for the company. Quotation Amount LN calculates the quotation amount by multiplying the budget part quantity with the part's sales price that is defined in the Sales Price field of the Item - Sales (tdisa0501m000) details session. You can change the quotation amount manually, for example, to round it off. As a result, the variance between the original quotation amount and the quotation amount that you entered manually is automatically divided over the various quotation lines. Example
Item | Qty | Sales price | Amount
Office chair A | 5 | 400 | 2000
Office chair B | 1 | 500 | 500
The total amount is £ 2,500 The quotation amount is changed to £ 3,000. The sales quotation lines then appear as follows:
Item | Qty | Sales price | Amount
Office chair A | 5 | 480 | 2400
Office chair B | 1 | 600 | 600
Budgeted Costs The estimated total amount of the budget, which can also be viewed in the Cost Price by Project (tipcs3560m000) session. Note The amount in this session can be different from the amount in the Cost Price by Project (tipcs3560m000) session because of the exchange rate. Currency The currency in which the budgeted costs are expressed. Gross Profit The gross profit percentage calculated by LN. If the gross profit percentage is based on the cost price and the quotation amount is zero, the profit percentage is 999.99, otherwise the gross profit percentage is: (Quotation amount - Budgeted costs) / Quotation amount * 100%. If the profit is based on the sales price and the budgeted costs are zero, the gross profit percentage is 999.99, otherwise the gross profit percentage is: (Quotation amount- Budgeted costs) / Budget costs * 100%. Generate Generates the buckets with the parameters you have defined in this session. |