Create Professional Price Quotes and Price Estimates. 2026

Quotation vs. Estimate vs. Invoice

These terms are often confused, but they mean different things. An estimate is a rough "ballpark" guess of the cost. A quotation (or "quote") is a formal, fixed-price offer for a specific job, which, if accepted, becomes a contract. An invoice is a request for payment *after* the work is done. Our tool is perfect for creating formal quotations.

Key Elements Your Price Quote Must Have:

1. Your Company Details: Full business name, address, phone number, and email.
2. Client's Information: The full name and address of the person or company you're sending the quote to.
3. Quote Number & Date: A unique quote number (e.g., "QUOTE-001") for tracking and the date you issued the quote.
4. "Valid Until" Date: This is critical. It specifies how long your offer is good for (e.g., "Valid for 30 days"). This protects you from price increases in the future.
5. Itemized Breakdown: A detailed list of all services or products, including quantity, price per unit, and total for each line.
6. The Grand Total: A clear, final price that includes all taxes, discounts, or other fees.
7. Terms & Conditions: Your payment schedule (e.g., "50% upfront, 50% on completion"), project scope, and any other rules the client is agreeing to.

Using a professional quotation generator ensures you never forget these crucial details, making you look more professional and reducing the risk of client disputes.