What to include in a quote
- Your business name, address, and contact details.
- Client name and billing address.
- Quote number, date, expiry date, and payment terms.
- Line items with quantity, rate, item tax, discount, shipping, and total.
- A short note explaining whether the quote is fixed, estimated, or subject to approval.
Quote records
Quotes are often not final tax invoices. Keep copies of accepted quotes and the final invoice according to your local legal and accounting requirements.