Enquiry, Quotation, Order

Enquiry, Quotation, Order

1. sent to ask for price & terms of sale

2. document from supplier stating price & terms of sale of goods

   • FIRM THAT PREPARES QUOTATION MUST:
     • ensure figures are accurate
       • allow for reasonable profit
         • ensure goods available

3. standard document to order goods

   • INCOMING ORDERS:
     • Stamp or write date
       • arrange delivery of goods
         • compare goods with order
           • send copy of order to accounts department
             • prepare bill & delivery note
               • file order

4. How to find seller of goods

   • Golden Pages
     • internet
       • trade journals

5. Vat reg. number = provided by tax office to each business charging VAT

   • Trade discount: reduction in price given to trade customers
     • Carriage = cost of transporting goods
       • Carriage paid: transport cost included in price
         • Ex works = buyer pays for all transport
           • FOR
             • FOB