Setting up margin hold criteria for quote orders

Quote Orders (QU) that do not meet the margin amount or percentage settings for sales orders can be placed on margin hold. Quote Orders with a margin hold code cannot be printed using Sales Entry Processing Acknowledgments Report, Sales Entry Processing Quote Print Report, or Sales Order Entry. This prevents customers from receiving and accepting quotes that might be detrimental to your company.

Quote orders on margin hold can be converted to a stock order in Sales Order Entry or Sales Credit Release Inquiry. The stock order is placed on hold. Quote orders on margin hold can also be used to create a price record in Sales Order Entry.

Select the Apply Margin Hold to Quotes option in SA Administrator Options-Documents-Sales Orders-Approval Process to automatically place quote orders on margin hold.

If you are using margin holds for sales orders and blanket release orders, these settings should already be established. Verify these settings and change them if needed:

• Verify the margin hold code in SA Administrator Options-Documents-Sales Orders-Approval Process. The code is user-defined.
• Verify the sales order/blanket release (SO/BR) minimum and maximum settings for the Order Entry Margin Amount and Margin % Hold fields in SA Operator Setup. If you leave a field with the default value 0.00, the parameter is not included in the order approval check.