What is quotation in SAP FS-CD - Collections/Disbursements?

SAP Term: quotation

• Component: FS-CD

• Component Name: Collections/Disbursements

• Description: Posting data that, as a type of correspondence, creates an offer.

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• Key Concepts: 
  A quotation in SAP FS-CD Collections/Disbursements is a document that contains the details of a customer’s request for goods or services. It includes the customer’s name, address, contact information, and the requested items or services. The quotation also includes the price of each item or service, as well as any applicable taxes and fees.
  
  How to Use It: 
  In SAP FS-CD Collections/Disbursements, quotations are used to provide customers with an estimate of the cost of goods or services they are requesting. Once the customer has accepted the quotation, it can be used to create an invoice for payment. Quotations can also be used to track customer requests and monitor customer satisfaction.
  
  Tips & Tricks: 
  When creating a quotation in SAP FS-CD Collections/Disbursements, it is important to include all relevant information such as taxes and fees. This will ensure that customers receive an accurate estimate of the cost of their requested items or services. Additionally, it is important to keep track of all quotations in order to monitor customer requests and satisfaction.
  
  Related Information: 
  SAP FS-CD Collections/Disbursements also includes other documents such as invoices and payment requests. These documents can be used in conjunction with quotations to provide customers with an accurate estimate of the cost of their requested items or services. Additionally, these documents can be used to track customer requests and monitor customer satisfaction.