You create quotations when you receive a request from your customers to provide prices for items they are considering purchasing.
There are two different ways of processing quotations, these are referred to as Quotation Type 1 and Quotation Type 2.
| Type 1 | This is used when the customer requests information about prices. If the customer accepts the prices a sales order is generated from the quotation. |
| Type 2 | This is used when you promise the customer a special price, normally for one item. If the customer accepts the price a customer contract is generated from the quotation. |
Quotations can be:
- Entered manually
- Copied from an existing quotation. You use this function when you want to create a new version of an existing quotation.
- Copied to a customer contract
- Copied to a sales order
Enquiries and printouts
- Quotations enquiry
- Quotation printout