Def - Quoted (-) Balance - Allocated

The Quoted (-) balance is the allocated quantity on an open Quote transaction containing outgoing product. The Quoted (-) balance reduces the Available balance if the “Include Quote transactions in Available balances” preference is set to “Yes”.  If the lot is not yet allocated, the Quoted (-) column will be blank.  Once Quote transactions are saved as Approved (and therefore converted to a Sales Order), the Quoted (-) quantity for the corresponding item/lot will be blank and will be displayed in the Allocated (-) column.

Note: Each Quote Transaction can be conditionally included/excluded from the Quoted balance based on the "Include Quote transactions in Available balances" Inventory Preference. If the preference are set to "Yes", they will be included in Quoted balances and used to update the Available balances, if they are set to "No", they will not be included in Quoted so they will not update Available balances.