When a customer asks you to quote prices on a list of materials, you can use the system to create and then print an estimate or quote. The estimate or quote is your offer to sell certain quantities of specific items at a certain price, for a specified period of time.
You can do the following with a quote/estimate:
Save it in the system (or you can choose not to save it).
Recall and change it.
Invoice it.
Change it to a bid, and then use it to generate orders.
Copy it to create another quote/estimate.
Reprice it.
Archive it (if you have QuickRecall).
If a customer accepts a quote/estimate, you change it into a bid. A bid is a quote/estimate that has been accepted by your customer. You have agreed on the initial quantities and prices.
Once you have turned a quote/estimate into a bid, you can create orders from it, to ship and invoice. You cannot make changes to a bid. If security permits, however, you can turn the bid back to a quote/estimate, and then make changes to it.
Quotes/Estimates and Bids are not available with Classic POS.