Quotations

A quotation is an important part of that sales process. Once your Opportunity is interested enough to know the prices of the products or services they want from you, they may ask for a quotation.

It is a formal document that you, as a seller, share with a potential customer stating all the relevant details of the products or services that they are interested in.

A quotation gives your customer coherent and definite information and includes details like name, product descriptions, prices, payment terms, and tax details.

Additionally, it works as an initial record of all the details that the seller has provided to the potential customer and can be referred to in the future if necessary.

Let’s see how to create and manage quotations in ERPNext!