A Quote Purchase Agreement is a type of Offer Agreement that is integrated with Purchase Agreements, pricing, and estimated costs tools. It can be used as a preliminary draft for a Receipt Agreement, which can then be converted to a purchase invoice.
Process Flow
The process flow of quote purchase agreements goes as follows:
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There are two ways to create a Quote Purchase Agreement. One can either create a new agreement from the Quote Purchase Agreement list or by copying an existing agreement.
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