Generating RFQs and Tracking Status

After vendor assignment, the requisition becomes an RFQ with its own RFQ No., due date, and status fields — Quotation Status (Submitted/Active) and Auction Status (Draft/Ended/Awarded).

Direct answer for a common question: "Ended" auction status doesn't always mean a PO exists yet — always check the Award Amount and Create PO button too.

FAQ

What's the difference between Quotation Name and RFQ No.? 

RFQ No. is a separate reference number.

Can the RFQ due date be extended? 

Yes, by an authorized purchaser.

Is Payment Terms mandatory? 

Yes, before finalizing.