The date the supplier quoted you this price.
This field is for reference only and can appear on some selected reports and inquiries.
When a PO is entered referencing this supplier item, optionally you can update the supplier-item data to reflect the new price if it has changed. Both the quote price and quote date are updated. The quote quantity does not change. You can choose to prevent this update, for example if the price is much higher than normal because of a rush delivery requirement.