Use this activity to revoke approval of quotation(s) which was approved previously. It is possible to revoke approval, for several order lines of a single request, simultaneously using the Order Quotation Approvals page. However revoking approval is not possible if purchase order(s) were created. After revoking the approval you can modify the quotation in the Request for Order Quotation page. Also you can re-approve the same quotation line(s).
The quotation line must be in the Approved or Converted status. Note, for lines in status Converted, the connected purchase order line must be in Cancelled state and the quotation line must not originate from a purchase requisition.