Quotes are treated like orders and acquire a different status based on which step it is in.
In the beginning, when the user sends a quote, its status goes to New quote request, but when the quote has been sent to the user, its status changes to Pending Quote.
The order status of the quote will change into one of the following:
- Accepted quote: if the customer accepts the quote and the order is pending payment.
- Rejected quote: if the customer rejects the quote.
- Expired quote: if the customer has not given any reply before the expiry date set in the quote.