Use this activity to reject a quotation. Reject is an intermediate step before the quotation gets Won or Lost state. Rejecting a quotation is only possible from the header level.
When a quotation is rejected, rejected note should be entered in the Reject Quotation dialog. Rejected note will be stored in Won/Lost/Rejected Note field in Progress area. When a rejected quotation is modified a new revision will be created if changes are done on the fields which triggers a new revision creation. When a new revision is created from a rejected quotation, the Won/Lost/Rejected Note field gets cleared, but rejected note is displayed in Sales Quotation History page.
The Release for Planning option exists on the sales quotation line in rejected status behaves similarly to when the quotation line is in released status.
The status of the sales quotation header is set to Rejected and all quotation lines with Released status will get Rejected status. Rejected Note is stored in Won/Lost/Rejected Note field in Progress area.