Use the following Periodic Processing options for the purposes indicated:
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Close Bids |
Changes the status of a bid to Closed. This prevents any other activity from being applied against the bid. Closing a bid also liquidates all outstanding pre-encumbrances and allows the bid to be purged. |
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Convert Bid to PO |
Converts bids from Vendor Bidding into purchase orders in the Purchasing System. |
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Convert Requisition to Bid |
Converts requisitions created in the Purchasing System into bids for processing in the Vendor Bidding System. The converted bids are identical to those created in Vendor Bidding. |
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Purge Close Bids |
Removes closed bids from the system. Purging a bid allows you to reuse its bid number within the same year. |
Menu Path: Vendor Bidding > Entry & Processing > Periodic Routines > select an option