What is active in SAP AP-RFQ - SRM RFQ Processing?

SAP Term: active

• Component: AP-RFQ

• Component Name: SRM RFQ Processing

• Description: Having a status that indicates that an RFQ request item, a request for quote item or a supplier quote item is relevant for the bidding process.

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• Key Concepts: 
  Active is a status in SAP SRM RFQ Processing that indicates that the RFQ is open and ready to receive responses from vendors. It is the opposite of Inactive, which means the RFQ is closed and no longer accepting responses. 
  
  How to use it: 
  To use the active status in SAP SRM RFQ Processing, you must first create an RFQ and set its status to Active. This will make it visible to vendors and allow them to submit their responses. Once all responses have been received, you can then set the status to Inactive to close the RFQ. 
  
  Tips & Tricks: 
  When setting an RFQ to Active, make sure all of the details are correct before making it visible to vendors. This will ensure that vendors are responding with accurate information and that you are getting the best possible responses. 
  
  Related Information: 
  For more information on SAP SRM RFQ Processing, please refer to the SAP Help Portal or contact your local SAP representative.