A quotation is a legal document to the customer for delivery of goods and services. This is normally issued after an inquiry from the customer or without an inquiry.
SAP R/3 Menu − Logistics → Sales and Distribution → Sales → Quotation → Create T-Code: VA21
Enter the Quotation Type, then you can enter the Sales Organization, Distribution Channel, Division and then click Create with Reference.
A new window will open, then enter the Inquiry number and click Copy. It will fetch all the details from that Inquiry document.
Then another new window will open. Enter the following details −
After this, click save. A Message will be displayed
Quotation 40000047 has been saved.