An Order is created when a customer is ready to make a purchase. The customer either has accepted the Quote or is ready to make a purchase regardless of a Quote.
Keep in mind that a Quote is not required to create an Order. While an Order can be spawned from a Quote, Orders are separate entities and many have no Quote correlation. (However, this is something that you could theoretically manage with a plug-in.)
Order correlates to an existing Customer (required), Products/ Price Lists (required), Opportunities (optional), and Quotes (optional).
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