18+ Standard Quotation Formats (DOC & EXCEL)

Quotation; a document made by the seller, vendor, or company to highlight price details and other information regarding the products or services that a customer is interested in purchasing in the future. Quotation-making could be a vital part of the sales process in many business settings or companies as it depicts the price range and terms of sales that the company will follow when delivering the customer order if it is accepted by the buyer. A quotation template is used to generate high-quality and professional-looking quotations for customers on demand or for promotion purposes.

Quote is the other name of quotation and customers often ask one to have an idea of how much the company or vendor will charge to avail particular services or to purchase some products. It becomes the legal agreement between the customer and the seller when the seller accepts it with all mentioned terms and conditions. It usually includes the name of the seller or company at the top, the name of the potential customer, details about the products or service, rate, payment terms, expiry of the quotation, delivery terms, business stamp, etc. Excel quotation format lets you make and print quotations for your business free of cost.

A quotation may be written in response to a request for a quotation sent by the customer to inquire product or service price from the seller before making purchases. Don’t go for an expensive quotation-making system or program because here we are offering free quotation templates that all sorts of businesses and individual sellers can download free of cost to make and print quotations free of any cost. You must communicate reasonable prices for high-quality products or services in your quotations in order to turn potential customers into real ones.