ERPNext CRM & Sales
What is Quotation?
- Quotation
- A Quotation in ERPNext is a formal price offer sent to a Lead or Customer, listing items, quantities, prices, taxes, and validity dates.
Creating a Quotation
Go to Selling → Quotation → New. Link it to a Lead or Customer, add items with rates from the price list, apply taxes and discounts, and set a validity date. Submit to lock the quotation and email it to the customer from within ERPNext.
Converting to Sales Order
When the customer accepts, click "Create Sales Order" from the Quotation. ERPNext copies all items, terms, and pricing. If a quotation loses, mark it as "Lost" and record the reason for win/loss ratio analysis.
Need help with Quotation?
Infonoxe Technologies specialises in ERPNext implementation and custom software for Indian businesses.
Related Terms
Opportunity
An Opportunity in ERPNext is a qualified sales prospect with a defined product i…
Sales Order
A Sales Order in ERPNext is the confirmed customer purchase order that triggers …
Lost Reason
Lost Reason in ERPNext captures why a Quotation or Opportunity was not won, enab…
Customer
A Customer in ERPNext is a party master record for businesses or individuals who…
Implement ERPNext for Your Business
Expert ERPNext implementation, customisation, and support for Indian businesses.