Answer / arun

Inquiry is just a simple document showing the interest
shown by your prospective customer on products and
services. Date and Price nothing is relevant here.
BUT quotation is a legal agreement you offer to you
customer. You agree to the customer that you will charge a
particular amount to a particular quantity of a particular
product and this agreement is time limited and not valid
after that time duration.

Answer / sanjayduggu

Quation is legallly binding offer from sales organisation
to a customer for providing goods and services under
certain fixed conditions Quation id valid for limited
period only

Answer / sajeewa perera

Quation is legallly binding document to deliver specific
product in specified timeframe at a predefined prece.
Quotation has a Validity period and within the validity
period, the customer has the option of placing an order
within the agreed conditions with reference to the
quotation, or to cancel a contact.


Inquiry is not a leagal document and customer asks detailes
information about specific goods, in perticular their
prices.

Answer / arunakumarbiswal

Hi All,
Inquiry is just an informational document for a customer on behalf of a business but the quotation is a legal document where a customer gets to ensure that he can buy goods and services at an agreed price within the stipulated timeline.

Inquiry:- https://sapboost.com/creation-of-inquiry-in-sap-sales-and-distribution
Quotation:- https://sapboost.com/creation-of-quotation-in-sap-sd

Regards
SAPBoost.com

Answer / arunakumarbiswal

Hi All,

Inquiry and Quotation can be differentiated from multiple points of view.
1. Purpose of document
2. Legal Enforcement
3. Validity
4. Completion
5 Technical Differences in SAP.
https://sapboost.com/difference-between-inquiry-and-quotation-in-sap

Regards
SAPBoost.com

Answer / arun gondhale

hi my dear friends.
Inquiry : IN is the nothing but inspection done by the
customer from sales organisation or company regarding to the
what is the price of the material,or providing the
service,the material is available or not in delivering
plant,or it its is possible to company that they will
provide the service or delivering the material on his
required delivery date.


Quotation : QT is the on kind of promise given by company to
the customer that we can say whatever the information given
by the company to the customer is true without any
obligation on specific price on specific period of the time.

Answer / spro

The inquiry is a request from the customer for you to provide him with a sales quotation.
A quotation presents the customer with a legally binding offer for delivering a product or providing a service within certain fixed conditions.

Answer / sanjayduggu

Hello

In my view Inquiry sales Document is an non
obligatory request made from company to customer for said
material and price.

When I am going to release the invoice to accounting,the error comes as Tax code in procedure TAXD is invalid. So what is the procedure to solve this problem????

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