Quotation generator
Your business
Bill To
Quotation details
Line items
| Description | Qty | Unit price | Amount | |
|---|---|---|---|---|
| SGD 0.00 |
Totals
Notes & payment details
| Description | Qty | Unit price | Amount |
|---|---|---|---|
| 1 | SGD 0.00 | SGD 0.00 |
- Subtotal
- SGD 0.00
- Total
- SGD 0.00
Your business
Bill To
Quotation details
Line items
| Description | Qty | Unit price | Amount | |
|---|---|---|---|---|
| SGD 0.00 |
Totals
Notes & payment details
What a quotation is for
A quotation is a seller's formal offer to supply defined goods or services at stated prices and on stated terms. It usually identifies the scope, quantities, taxes, delivery assumptions, payment terms, and the period for which the offer remains valid. Depending on its wording and the applicable law, an accepted quotation may form a binding agreement, so its terms should be clear and realistic.
When to use a quotation
Send a quotation while the customer is deciding whether to proceed and needs a firm basis for approval. It is more definite than a rough estimate, but it is not a demand for payment. After acceptance, the buyer may issue a purchase order; the seller can then issue an invoice when payment is due. Use a proforma invoice instead when the customer needs an invoice-style preliminary document for advance payment, internal processing, or shipping arrangements.
Practical examples
A renovation contractor can quote for labour, materials, exclusions, and a 30-day validity period before a client approves the project. An IT supplier can quote a company for laptops, setup services, delivery, tax, and payment terms so the buyer can compare the offer and raise a purchase order.