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[Music] welcome back to the learning channel lets talk with you and today our episode number is 22 and our topic is what is a quotation it is a document that a supplier provides to a buyer to offer goods or services at some certain price under specified term and conditions codes sale codes or sales quotations are the same terms which are being used for the potential buyer to know that how much these goods or services will be cost before issuing the purchase order quotations are usually not legally binding unless they are part of an official contract however this is a formal document it is generally accepted that a customer has committed to a sale and has a specific price if they accept the code so customer has right to accept or reject the quotation lets have a look into the quotation template quotation consists on the three parts header body and footer header will show the title and supplier company logo technical offer date and references customer company and contact person detail
