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A template is a saved starting point for a quote: a scope, line items, a delivery time and terms. Find them under Quote templates in the sidebar.
The quote templates page

Quote templates

Make a template

1

Click New template

A panel opens.
2

Fill in the fields

Name (for you, the buyer never sees it), Scope, Line items, Delivery, in days and Terms.
3

Click Save template

It now shows in Start from a template on every new quote.
To change a template, click it in the list. Edit the fields. Click Save changes. To remove a template, click Delete.
A template only fills in the form. Changing or deleting a template does not change quotes you already wrote. You set how long the quote link stays open on each quote. The template does not set it.