The Quotes feature is available in the Sales Pack extension.
A quote (or quotation) is a formal pricing document that outlines specific products or services, along with their quantities and associated prices, offered to a customer.
Quotes can be printed to PDF. You can create multiple custom templates, which include your custom fields and fit your company design. The PDF can be send to the customer in email.

Documentation
For more detail information on using Quotes, see documentation.