Proposal or Quotation document

With the completion of stock activities, we now have ten finished shirts and we are ready to create sales. In business, it is quiet common to create an offer letter for our customers. Through this offer letter, we inform our customers about our products, specifications (if applicable), and price information.

Introduction to Proposal and Quotation

In general, we can prepare an offer letter and create this document as a Proposal or Quotation document. These types are described as follows:

• A Proposal aims to create an offer without binding the customer. It just provides information. Without binding the customer, the stock quantity of our products is not reserved, and we are free to offer our product to other customers.

• A Quotation aims to create an offer letter that binds the customer. In this type of document, our stock will be reserved for the customers who are offered the letter.

We have ten finished shirts and an offer letter offering, let's say, six pieces to...