Quotation Invoice Template for Singapore

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Quotation Invoice Template

Need a Quotation Invoice Template for my Singapore-based IT consulting firm that includes detailed service descriptions, hourly rates, and milestone payment terms, compliant with the latest GST requirements for implementation by January 2025.

Document background

The Quotation Invoice Template is essential for businesses operating in Singapore to provide standardized, legally-compliant price quotes that can be converted into invoices. This dual-purpose document streamlines the quotation-to-invoice process while ensuring compliance with Singapore's GST requirements, Electronic Transactions Act, and business documentation standards. It serves as both an initial price proposal and, upon acceptance, can function as the final invoice, reducing administrative burden and maintaining consistency in business transactions.

Suggested Sections

1. Company Information: Business name, registration number, GST registration number, address, contact details

2. Client Information: Client's name, business registration number (if applicable), address, contact details

3. Quote/Invoice Number: Unique identifier for the document and date of issuance

4. Item Description: Detailed description of goods/services including quantities and unit prices

5. Pricing Breakdown: Itemized list of prices, subtotals, GST calculations, and final total amount

6. Payment Terms: Payment conditions, due dates, and acceptable payment methods

Optional Sections

1. Terms and Conditions: Detailed terms of service/sale for complex transactions or high-value quotes

2. Delivery Information: Shipping details, timeline, and costs for physical goods

3. Warranty Information: Product/service warranty details and conditions

4. Currency Information: Exchange rates and currency terms for international transactions

Suggested Schedules

1. Detailed Specifications: Technical specifications and detailed description of products/services

2. Payment Schedule: Breakdown of payment installments and timeline if applicable

3. Product Images: Visual representation of quoted items with specifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

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Let's create your Quotation Invoice

Authors

Alex Denne

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