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In this video tutorial, we learn how to create and edit quotes in Dynamics 365 for Sales. There are two methods to create quotes: from an existing opportunity or directly from the quote list. The demonstration starts with creating a quote from an existing opportunity. The user opens the opportunity record and clicks on the quotes tab, followed by the plus new quote button to open the new quote form. The price list, name, potential customer, and products are automatically populated from the opportunity record. The tutorial explains how to enter shipping method, payment terms, and freight terms. Additionally, the user can update billing and shipping addresses as needed.