Quotation · Not a tax invoice

Free Consulting Quote Template

A consulting quote translates a scope of work into a price the client can approve before the engagement starts. It is not your invoice — it sells the outcome and pins down what is (and is not) included, so a retainer or project fee does not quietly turn into unpaid scope creep.

Need to bill for completed work? Use an invoice template instead.

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Line Items

Item 1
$1,000.00
Item 2
$3,200.00
Item 3
$5,600.00
Item 4
$4,500.00
Item 5
$0.00

Scope is the whole game: tie the quote to an SOW

In consulting, the quote and the statement of work are two halves of the same conversation. The SOW says what you will deliver — objectives, deliverables, milestones, assumptions, what is explicitly out of scope. The quote attaches a price to it.

List the deliverables as line items, not a paragraph. "Current-state assessment (report, ~20 pages)", "Two half-day stakeholder workshops", "Roadmap and 90-day plan". A client approving a numbered list knows exactly what they are buying.

Day rate, project fee, or retainer — price the model

Three pricing models, three different quotes:

  • Day rate — best when scope is genuinely open. Quote the rate and an estimated number of days, and flag clearly that days beyond the estimate are billed at the same rate. This is really an estimate, so label it as one.
  • Fixed project fee — best when deliverables are defined and the SOW is tight.
  • Retainer — a recurring fee for ongoing access or a set amount of work per month. State the period, what is included, and what happens to unused or over-used time.

Validity, deposits, and protecting your time

Give the quote an expiry — 14 to 30 days is usual. Your availability is the product, and a quote a client sits on for two months no longer reflects your calendar or your rates.

Deposits are common for project-based consulting. For consumer or regulated engagements, deposit caps and refund rules may apply; keep any cancellation fee tied to work done or direct loss and state the refund rule clearly. Note your invoicing rhythm on the quote too — monthly in arrears for a retainer, or at named milestones for a project.

Acceptance and signatures

A quote usually works as a commercial offer; if the client accepts it and the essential terms are clear, it will usually form the agreed price and scope, subject to local contract and consumer-law rules. Until acceptance, either side can walk away.

An e-signature or typed approval is usually enough for ordinary commercial jobs, provided local law and the contract do not require a specific form, witness, or wet-ink signature. Keep a dated record of the acceptance. For consulting engagements, acceptance is often tied to the matching statement of work (SOW), and the deposit and invoicing rhythm should appear on the same document the client signs off on.

From accepted quote to invoice

Once the work is done, use the accepted quote as the basis for a separate invoice or tax invoice. For deposits, progress payments, or retainers, issue the required invoice and account for VAT/GST/HST/sales tax under local timing rules. Reference the original quote number on the invoice — it helps the client's accounts team match the bill to what they approved.

The practical switch is small: change the heading from "Quote" to "Invoice", swap "Valid Until" for a payment due date, add a fresh invoice number, and apply your tax treatment. Our free invoice generator produces the matching invoice.

Tax on a quote

A quote can show estimated tax (VAT, GST, HST, or sales tax) so the client sees the likely total, but it is a commercial offer, not a tax invoice or sales-tax document — it does not by itself create a reporting point. If you display tax, mark it as estimated or indicative so it is not mistaken for a tax invoice.

Rates and thresholds differ by country and can change, and deposits or advance payments can affect when tax is due — confirm the treatment that applies to your work with your tax authority or an accountant.

This page is general information to help you create a quote — it is not legal, tax, or accounting advice. Rules differ by country and change over time. Confirm requirements with your local tax authority or a qualified professional before relying on a quote as a binding agreement.

Frequently Asked Questions

Should a consulting quote be a day rate or a fixed fee?
Use a fixed fee when the deliverables are clearly defined in a statement of work. Use a day rate when the scope is genuinely open, quote an estimated number of days, and state that additional days are billed at the same rate. A day-rate quote is closer to an estimate, so label it accordingly.
What is the difference between a consulting quote and a statement of work?
The SOW defines what you will deliver; the quote attaches a price to that scope. They work as a pair: approving the quote should mean approving the scope it is tied to.
How long should a consulting quote be valid?
Typically 14 to 30 days. State the validity period and re-issue with current availability if it lapses.
Is it normal to ask for a deposit on a consulting quote?
For project-based work a deposit is common. For consumer or regulated engagements, check whether deposit caps or refund rules apply in your jurisdiction. State the deposit and the payment schedule on the quote so everything is agreed alongside the price.