What is quotation in SAP SBO - SAP Business One?

SAP Term: quotation

• Component: SBO

• Component Name: SAP Business One

• Description: In commercial usage, a detailed offer of prices, delivery dates, and payment terms issued by the seller. A quotation is not a legally binding document.

Smart SAP Assistant

• Key Concepts: 
  A quotation in SAP Business One (SBO) is a document that outlines the terms of a potential sale. It includes the item description, quantity, price, and other relevant information. It is used to provide customers with an estimate of the cost of goods or services before they commit to a purchase. 
  
  How to Use it: 
  In SBO, quotations can be created from the Sales module. The user can select the customer, enter the item details, and specify the quantity and price. Once all the information is entered, the quotation can be saved and sent to the customer for review. 
  
  Tips & Tricks: 
  When creating a quotation in SBO, it is important to double-check all the information before sending it to the customer. This will ensure that there are no errors or discrepancies in the document. Additionally, it is important to include any applicable discounts or promotions in order to make sure that customers receive the best possible deal. 
  
  Related Information: 
  In SBO, quotations can be converted into sales orders once they have been accepted by the customer. This process can be done quickly and easily from within the Sales module. Additionally, SBO also allows users to track quotations and view their status in real-time.