The latest version (21.4.49) is adding automatic Status column under Sales Quotes tab.
When new quote is created, the status is set to Active.
There are 4 possible statuses:
- Active
- Expired
- Accepted
- Cancelled
If expiry date is set up on sales quote…
Then if quote is not accepted or cancelled by the expiry date, the status will change to Expired.
To make sales quote accepted, simply copy sales quote to New Sales Order. There is new field on Sales Order called Quote number which will automatically contain sales quote you are copying.
If sales quote has any linked sales order, then status for sales quote will be Accepted.
If sales quote has been declined, then edit sales quote and check the Cancelled checkbox.
This will set sales quote status to Cancelled.
On the list of sales quotes, to make it better for management purposes, sales quotes reaching status Accepted or Cancelled become gray and move to the bottom of the list.
This way Active and Expired sales quotes are more visible because they are both current and need resolution (either by converting them to sales order or cancelling them).