According to the Vantage Help screens these are the field definitions...
Expected Quantity
The quantity that the customer wants to have quoted, in the selling unit
of measure. This quantity is used to determine the expected revenue.
When the quote is converted into an order, if the amount in the Order
Quantity field above is 0.00, then this amount is used as the quantity
on the order. This figure is used when the Expected Revenue is
determined. The Expected Quantity, multiplied by the factor, multiplied
by the price, is the Extended Price. The Extended Price, after
accounting for the discount percentage or discount amount, yields the
Potential Revenue. The Potential Revenue, multiplied by the Confidence
Percentage, yields the Expected Revenue (after Misc. Charges are also
added in).
Order Quantity
The quantity that the user is interested in ordering. When the quote is
converted into an order, this amount is the default quantity on the
order. If this amount is 0.00 and the quote is converted to an order,
the default for the Order Quantity comes from the Expected Quantity
field. (You can update the quantity on the order itself.)
Selling Quantity
The quantity for which a price is being quoted. This amount, divided by
the factor, is the amount of stock that is being sold by internal
standards.
We don't use expected and order quantities when we quote--we only use
selling quantities, and that is what shows on our quote form.
Amy O'Malley
Process Engineer
Heraeus Medical Components Division
Lino Lakes, Minnesota
amy.omalley@...
Phone: 651-792-8516
Fax: 651-792-8616
-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Calvin Krusen
Sent: Wednesday, May 07, 2008 9:19 AM
To: vantage@yahoogroups.com
Subject: [Vantage] V 8.03 - Quote Entry - Order Qty vs Exp Qty vs
Selling Qty
Could someone please straighten me out on the differences between the
Order, Expected, and Selling Quantity fields in Quote Entry. Our
products are not quoted with pricing break points (our customers know
exactly how many they need). Out of fear of doing it wrong, we enter
the same value in all three places.
Which shows on the Quote Form?
Which is used when pulling a quote into an order?
Thanks,
Calvin Krusen
Expected Quantity
The quantity that the customer wants to have quoted, in the selling unit
of measure. This quantity is used to determine the expected revenue.
When the quote is converted into an order, if the amount in the Order
Quantity field above is 0.00, then this amount is used as the quantity
on the order. This figure is used when the Expected Revenue is
determined. The Expected Quantity, multiplied by the factor, multiplied
by the price, is the Extended Price. The Extended Price, after
accounting for the discount percentage or discount amount, yields the
Potential Revenue. The Potential Revenue, multiplied by the Confidence
Percentage, yields the Expected Revenue (after Misc. Charges are also
added in).
Order Quantity
The quantity that the user is interested in ordering. When the quote is
converted into an order, this amount is the default quantity on the
order. If this amount is 0.00 and the quote is converted to an order,
the default for the Order Quantity comes from the Expected Quantity
field. (You can update the quantity on the order itself.)
Selling Quantity
The quantity for which a price is being quoted. This amount, divided by
the factor, is the amount of stock that is being sold by internal
standards.
We don't use expected and order quantities when we quote--we only use
selling quantities, and that is what shows on our quote form.
Amy O'Malley
Process Engineer
Heraeus Medical Components Division
Lino Lakes, Minnesota
amy.omalley@...
Phone: 651-792-8516
Fax: 651-792-8616
-----Original Message-----
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Calvin Krusen
Sent: Wednesday, May 07, 2008 9:19 AM
To: vantage@yahoogroups.com
Subject: [Vantage] V 8.03 - Quote Entry - Order Qty vs Exp Qty vs
Selling Qty
Could someone please straighten me out on the differences between the
Order, Expected, and Selling Quantity fields in Quote Entry. Our
products are not quoted with pricing break points (our customers know
exactly how many they need). Out of fear of doing it wrong, we enter
the same value in all three places.
Which shows on the Quote Form?
Which is used when pulling a quote into an order?
Thanks,
Calvin Krusen