Quotations

A Quotation Invoice is a preliminary bill of sale shared with a customer before the actual delivery of goods or services. It acts as a pre-invoice document that outlines the details of a proposed transaction and helps both parties clearly understand the scope and cost before proceeding.

Refer video tutorial for your detailed clarification about How to create a Quotation.

Purpose of a Quotation Invoice

A Quotation Invoice is primarily used to:

• Provide customers with an estimated cost of goods or services.
• Clearly define transaction terms before order confirmation.
• Ensure mutual agreement between the seller and buyer prior to fulfillment.

Refer video tutorial for your detailed clarification about Quotation Page.

Key Details Included

A Quotation Invoice typically contains the following information:

• Description of goods or services
• Quantity of items
• Unit price and total amount
• Applicable taxes, charges, or discounts
• Payment terms
• Delivery or shipping details (if applicable)
• Validity or due date of the quotation
• Additional terms and conditions

How It Works

• A Quotation Invoice functions as a quotation or estimate, allowing the customer to review the expected cost before confirming the purchase.
• It is not a demand for payment and does not serve as a legally binding commercial invoice.
• Once the customer agrees to the quotation, it can be converted into a final invoice after goods are delivered or services are completed.

Common Use Cases

Quotation Invoices are widely used across industries and are especially helpful in:

• B2B transactions
• Custom orders or bulk purchases
• Service‑based businesses
• Domestic and international trade scenarios

Updated on: 20/01/2026