Maintain Quotation

The Quotations received from the Vendors are to be maintained in the system against the RFQs. Hence the quotes will be entered in the
respective RFQs. Only when the quotes are maintained the comparison can be made & POs issued.

Maintain Quotation
The T-Code for the maintenance of the quotes in the system is ME47. The below
screen will appear when the T-Code is run.

The RFQ sent to the Vendor is to be entered here. After putting the RFQ No press
enter. A new screen will open where you have to put the Price of the Material in the
Net Price Column.

Enter the Price here

After entering the Price the appropriate Tax Code is to be maintained here. Select the Line Item & click on the “Item Details” Button.

Item Details Button Item Conditions Button

You will be taken to a screen where

you have to enter the appropriate
Tax Code.

In the adjacent screen the Tax Code

will be entered in the Tax Code field
here

To view the Tax Breakup &

Calculation select the Line Item &
from the menus at the top of the
window select:

Item Menu -> More Functions ->

Taxes

For maintaining the Freight, P & F

Charges, BG/LC Charges select the
Line Item and click the Conditions
Button (See Above). The Conditions
screen will come up. Choose the
Freight, P & F Charges, etc conditions
here and enter the values. After
entering the values press the Back
button or F3.
Now again select the Line Item and press the Header Details Button. Now enter the Payment Terms Code in the screen that comes up (see
below screenshot)

The dropdown will give you the available options from which you can choose the appropriate code.
After entering the code press enter and then press F5. You will now be in the Overview window.
Now save the RFQ by pressing the save button since all the data is now entered in the system. The
quotation is now maintained.

Repeat the same procedure for the other RFQs which were sent for getting the quotes for the same
material. Thus you will maintain the quotation for the material in the system.

Display Quotation
To have a display of the Quotation run the T-Code ME48 and enter the RFQ No. The quotation if revised by the Vendor can be maintained by
changing the quotes through ME47 T-Code only.

Note: It is advised to enter the quotes only after the quotes are negotiated and final rates are given by the Vendor. This will save time &
transaction time. Also more the data is precisely entered in this stage the more the PO will be error free.

The quotation can be amended through ME47 (T-Code) itself.

Summary:
T-Code Function
ME47 Maintain Quotation
ME48 Display Quotation