Created

The sales quotation has been created for editing and additional work but has not yet been sent to the customer.

Sent

The sales quotation has been sent to the customer for approval. It has not yet been confirmed by the customer or business relation.

Confirmed

The sales quotation has been confirmed by the customer or business relation and is converted into a sales order. Additional processing of the sales order is performed through the Sales order form.

Confirmed sales quotations are open sales orders and must be treated as such. This means that confirmed sales quotations cannot be set to lost or canceled status.

Lost

The sales quotation has been created or sent, but the customer has chosen not to buy.

Canceled

The sales quotation has been created or sent and then canceled by the company.