What is a quote (estimate)?
A priced offer sent before the work, listing what will be done and for how much, usually with a date it stays valid until.
"Estimate" often signals the final price may change if the job does; "quote" usually means a fixed price for the described scope. Either way, the same line items should flow into the invoice once the client agrees, so nothing is retyped and the totals match.
A receipt is the last step: it confirms payment was received, with the date and payment method.
Related terms
- Net 30Payment terms meaning the full invoice amount is due 30 days after the invoice date.
On this site
All invoicing, time cards and scheduling terms · Full glossary