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What is sales quotation?

Updated: 11/6/2022
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14y ago

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A sales quote allows a prospective buyer to see what costs would be involved for the work they would like to have done. Many businesses provide services that cannot have an upfront price, as the costs involved can vary. This can be due to the materials that would be used (which can differ depending on the individual needs of the customer), and the manpower that would be necessary. Therefore, it is common practice for these companies to provide the potential customer with a quote (or estimate) of how much it should cost. This quotation will be made by the company using the information that the potential customer provides, regarding the relevant elements that may affect the price. A quote can help the prospective buyer when deciding which company to use, and which services they are looking for.

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What are the minimum pieces of information required to create a quotation?

Information to create a sales quotation: Sold-to Party, Valid-to Date, Material Specifics, Price per Amount


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Customer Purchase Order Number, Sold-to Party, Quotation Number, Customer Purchase Order Date


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What is the plural of quotation?

The plural of "quotation" is "quotations."


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An embedded quotation is a quotation that is worked into the sentence that contains it.


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In the quotation marks.


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It's a quotation mark.


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Use single quotation marks to indicate a quote within a quote.If you're using a quote that contains a quote you'll need to surround the embedded quote with single quotation marks.


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a quotation mark!!


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Quotation marks are used around spoken words to indicate dialogue in written text.


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If a word is in quotation marks, and you're quoting it, use single quotation marks to indicate an embedded quotation.