What is submit for release in SAP AP-RFQ - SRM RFQ Processing?

SAP Term: submit for release

• Component: AP-RFQ

• Component Name: SRM RFQ Processing

• Description: An action used by a buyer to start the approval and release process for a request for quote to make it available as master copy.

Smart SAP Assistant

• Key Concepts: 
  Submit for Release is a feature in SAP SRM RFQ Processing that allows users to submit a Request for Quotation (RFQ) for approval. The RFQ is sent to the responsible approver, who can then approve or reject the RFQ. Once approved, the RFQ is released and can be sent to vendors. 
  
  How to use it: 
  To submit an RFQ for release, users must first create an RFQ in SAP SRM. Once the RFQ is complete, users can select the “Submit for Release” option from the menu. This will send the RFQ to the responsible approver, who will then review and approve or reject the RFQ. If approved, the RFQ will be released and can be sent to vendors. 
  
  Tips & Tricks: 
  When submitting an RFQ for release, make sure all of the information is accurate and complete. This will help ensure that the approver can quickly review and approve the RFQ. Additionally, make sure to include all relevant documents and attachments with the RFQ before submitting it for release. 
  
  Related Information: 
  For more information on SAP SRM RFQ Processing, please refer to SAP’s official documentation: https://help.sap.com/viewer/product/SRM/7.5/en-US