What is the quote status?

Use this field to indicate whether the quote has been accepted by your customer.

To indicate: Set Status to:
The customer is still evaluating this quote. Pending
The customer approves the work. Accepted
You decided not to pursue this work, or not to bill for it. (Note: The Status is also automatically set to Closed when you add this quote to an invoice and save it.) Closed
The customer chose not to accept the quote. Rejected

What else does the Status mean?

The setting is important for another reason: it can determine whether a quote will be available to add to an invoice.

You can set a preference to allow for:

What are the Accepted By and Accepted Date fields?

After your customer accepts the quote, you can use these fields to record the name of the person and the date. Use of these fields is optional.

Why the acceptance information doesn't appear on a printed quote