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What is a quotation?
What to include in a quotationThere are a number of items that should be included and considered when preparing a quotation for a customer.
First of all, a quotation should include the price that you have decided to charge for the service or goods you will provide. In a quotation, you can include a breakdown of the components leading to the settled price (such as labor costs, raw material costs, VAT etc.) You may also want to specifiy a time schedule: i.e. how long the project will take you or how long it will be until goods are delivered.
A quotation may also indicate a specific time period for which it is valid, e.g. 30 days. Also, a project or service quotation may include an explaination of how any requests for modifications or changes will affect the price once the project is underway.
Quotations in E-conomicThe-conomic accounting software makes it easy to prepare and send quotations to your customers. Find out more about quotations in our e-copedia.
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