TICKETS - Quotes (Bid/Offer)
What is
This is primarily the same processes as TRADE, except that the user is creating non-executed TRADEs. A benefit of this process is to maintain centrally all documentation of the negotiations between the traders and also to provide the additional Approval process. Within TICKETS, the user can rqeuest the TICKET to be approved which results in an alert being sent to nominated parties that the authority to check/confirm/agree the TICKET as now an executed TRADE.
There are the same restrictions on TRADE access i.e. CMP privilege and there are further restrictions to disable accounting records being affected.
Because there are several different Approval processes in ITAS, it is useful to discuss with Consultancy the best option for your business/operation
