Purpose
This section explains how to assign prices to quote details.
Exercise
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On the Quote Details tab on P.30.27 Bidder Quotation, select the first quote detail.
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Use the scrollbar at the bottom to scroll to the right to display the Released Quantity and Quoted Quantity fields.
The quoted quantity should be the same as the released quantity.
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Scroll further to the right to display the Unit Price and Extended Price fields.
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For the first quote detail, enter 96 in the Unit Price field.
The extended price is calculated as the unit price x the quoted quantity and is displayed in the Extended Price field.
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In the Unit Price field, enter 84 for the second and 120 for the third quote detail.
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Scroll further to the right to display the Discount Base, Discount %, and Discount Amount fields.
The discount base must be set to ‘Discount %’.
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Enter 8 in the Discount % field for all quote details.
The discount amount for each quote detail is calculated as the extended price x the discount %/100 and is displayed in the Discount Amount field.
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Scroll back to the Extended Price and Discounted Price fields.
The discounted price is calculated as the extended price – discount amount and displayed in the Discounted Price field.
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Scroll further to the right to display the Incoterm and Delivery Place fields.
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Select FOB from the LOV in the Incoterm fields.
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Select Nigeria from the LOV in the Delivery Place fields.
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Save the changes using the Save
button.