What is the difference between a quote and an estimate?
A quote usually offers a defined scope and price for a stated period. An estimate communicates an approximate amount that may change as the work becomes clearer.
Free PDF document tool
Prepare a proposed scope, price, tax, and validity period for a client to review before work starts. Download the PDF without creating an account.
A practical example
The editable example proposes one workshop for CAD 450 and states that the quote is valid for 14 days. Replace the scope, price, tax, and acceptance terms.
Load this editable exampleCreate a free account to store clients, reuse items, email invoices, set up recurring invoice schedules and more. The current free core does not require a payment card and has no invoice limit or watermark.
Create a free accountUse a quote when you are ready to offer a defined product, service, scope, and price for a stated period.
A quote is not a tax invoice, a demand for payment, or proof that the client accepted the offer.
Use an estimate when costs or scope may still change. Use an invoice only after the agreed billing event, and a receipt only after payment.
A quote usually offers a defined scope and price for a stated period. An estimate communicates an approximate amount that may change as the work becomes clearer.
No. This PDF is labelled as a quote and states that it is not a tax invoice or a demand for payment.
This release creates a downloadable PDF only. Record acceptance separately and keep the accepted version with your business records.