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One of the easiest ways to create a price quote template for your business is to first start from an appropriate invoice template. This free Price Quote Template is almost exactly the same as our free invoice template, with just a few minor modifications. We've added an example "New client discount" line to show how you can include discounts on your price quote. The Comments section has been changed to a Terms and Conditions section with a place for the customer to accept the quote by signing. If you would like to provide your customer with a work estimate that is not a binding contract, you can try our job estimate template. Quote #: Depending on your quote and invoice tracking system, the quote # and the associated invoice # might end up being the same thing.
Terms and Conditions: Instead of comments that just specify payment requirements, you might need to spell out other terms and conditions. Customer Signature: A price quote often has a place for the customer to sign their name to indicate their acceptance of the quote, but not always.
You also might want to specify in an email that you will give the client an additional discount of $XX if they accept your quote by [the date]. When it comes to price quotes, most interactions these days occur via email, by sending the customer a PDF of the quote.


I would strongly recommend that you get a tool that will allow you to print an Excel document to a PDF. There are great online services these days for managing sales quotes and invoices, but if you only occasionally send out quotes, a simple Excel spreadsheet should suffice. When the quote is accepted by the customer, the quote is then normally converted to an Invoice.
The new Excel 2007+ version gives you 2 different designs to choose from (on separate worksheets).
You can remove the signature line if you don't need that, and add your own terms and conditions. Unlike an invoice which is a bill for a sale that has already taken place, a price quote is a tool for completing a sale. This could be done within the body of the invoice (underneath the description of an item) or in a separate "Terms and Conditions" section. It is common for businesses to email their customers a quote and then ask for an indication of acceptance via email. Your customer might be requesting price quotes from multiple businesses, so your "new client discount" might be the thing that makes the sale. People love discounts, and offering a discount to a client if they accept your quote with 7 days might encourage them to decide to go with your company instead of just delaying indefinitely or continuing to seek quotes from other businesses.


You shouldn't be sending your customer the actual Excel file that you use to create the price quote, especially if you also store a list of customers or prices within the file. You can keep track of your price quotes and create special quote templates for specific clients the same way you might do this for invoices: see our Invoicing article. If you are looking for an easy yet professional way to create a price quote, download our free Price Quote Template below. You can include discounts by entering the description for the discount on a separate line and entering a negative price. So, if you need a more specific format such as a sales quote for the sale of goods or a service quote for hourly work, you could download the Sales Invoice or Service Invoice and convert them into a quote template with just a few minor changes. If you were converting a sales invoice into a sales quote, use the "Salesperson" field list who prepared the price quote.



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