Great Future · business

Quotation vs invoice

Use a quotation to propose work and an invoice to request payment for an agreed supply.

Reviewed 21 September 2026

Direct answer

A quotation sets proposed scope, price and validity before acceptance. An invoice records the agreed supply and requests payment. Acceptance and contract terms determine when a quote becomes binding.

Open Invoice Generator

Worked example

Send a dated quote with deliverables, exclusions and validity. After acceptance and delivery milestone, create a separately numbered invoice that references the accepted quote and payment terms.

Limits to check

A template cannot decide contract formation, consumer-law duties or VAT timing for a particular transaction.

Official and primary sources

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