How is this different from an invoice maker?
A quotation is an estimate given before work begins, while an invoice is a bill sent after work is completed. Our quotation maker creates estimates for potential clients, helping you win business before starting work.
Understanding the key differences between quotations and invoices:
Quotation Characteristics
- Sent before work begins
- Estimate of costs and services
- Used to win new business
- Not legally binding payment request
- Helps clients make decisions
Invoice Characteristics
- Sent after work is completed
- Actual bill for services rendered
- Legal request for payment
- Includes final costs and charges
- Used for accounting and tax purposes
Business Process
- Quotation → Client approval → Work completion → Invoice
- Quotations help secure clients
- Invoices collect payment
- Both are essential business documents
