Quotation

Guide to creating and managing Sales Quotations in RedERP.

Overview

The Quotation document is the first step in the sales process. It represents a formal offer sent to a customer, listing proposed products or services, quantities, and prices before confirming the order.

Purpose

  • Send detailed price proposals to customers
  • Record client requests and negotiations
  • Convert accepted quotations into sales orders

Typical Workflow

Quotation → Sales Order → Delivery Note → Invoice

Dashboard / List View

Displays all quotations with the following details:

  • Quotation Reference
  • Customer Name
  • Quotation Date
  • Validity Date
  • Status — Draft, Sent, Accepted, Rejected, or Expired
  • Total Amount
  • Conversion Status — Whether converted to Sales Order

Create New Quotation

To create a Quotation:

  1. Go to Sales & Invoicing → Quotations → Create New
  2. Fill out the following fields:
FieldDescription
Quotation Reference*Auto-generated by system (editable if unlocked).
Customer*Select existing or new client.
Quotation Date*Defaults to current date.
Validity Date*Date until the offer remains valid.
Location*Branch or location related to sale.
Ledger*Select the related sales ledger.
Currency*Choose applicable currency.
RemarksOptional internal or client notes.
  1. Add product or service lines with quantity, unit price, and discount (if any).
  2. Click Save & Send to email or download the quotation.

Tips

  • Once the customer approves, click Convert to Sales Order to continue the sales process.
  • Set a Validity Date to encourage timely responses.
  • Quotations can be revised or duplicated for quick resubmission.