> For clean Markdown of any page, append .md to the page URL.
> For a complete documentation index, see https://docs.monite.com/v-2024-05-25/accounts-receivable/quotes/index/llms.txt.
> For AI client integration (Claude Code, Cursor, etc.), connect to the MCP server at https://docs.monite.com/_mcp/server.

# Quote lifecycle

Companies can issue *price quotes* to potential customers to specify how much the products or services will cost. Quotes serve as a formal offer before the actual purchase.

## Quote statuses

Quotes move through different statuses from the time they are created to when they are accepted or declined.

Monite API provides a flexible quote workflow to be managed by each [entity](../../entities/index) and their respective entity users. The entities can control access to quotes based on the role assigned to each employee through the user hierarchy.

![Quote lifecycle](/_fern-img/3c5ea101c6e470304250ae500c54db096ad32a30cbea46d3e8363d375fcbcf4c.webp)

### Draft

This is the initial status for all newly created quotes. A `draft` quote is a quote that has not yet been issued by entity. Draft quotes can be updated at anytime.

Draft quotes can transition to `issued` or be deleted.

### Issued

Indicates that the quote has been finalized and issued to a counterpart. An issued quote cannot be deleted, just accepted or declined. Issued quotes can also [expire](#expired).

> **Warning**
>
> Issued quotes do not state how the quote has reached the counterpart. It is necessary to define the channels:
>
> * **Postal:** downloaded and manually distributed + updated manually in the platform.
> * **Email:** send via platform, either Monite email service or Partner integrated email service.
> * **B2B & B2G platforms**.

### Accepted

Indicates that the counterpart has accepted the quote. This means the counterpart agrees with the quoted price and wants to place an order. Only `issued` quotes can be accepted.

The next step would be to create an invoice based on the accepted quote.

### Declined

Issued quotes can be declined. For example, a counterpart can decline a quote if they decide to go with another vendor.

This is a final state, i.e., declined quotes cannot be accepted or deleted, but can still be viewed.

### Expired

Issued quotes automatically expire when they reach the `expiry_date`. Expired quotes can no longer be accepted or declined, but can still be viewed. This is a final state.

### Deleted

Only `draft` quotes can be deleted. Deleted quotes can no longer be accessed.

> Learn about the statuses that a quote goes through inside Monite.