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From OpenERP 7 Release notes:

To speed up the creation of quotations, OpenERP 7.0 proposes two modes to encode quotations, depending on the level of options you need on each quotation line. By default, OpenERP allows to encode quotation lines directly in the grid mode, which is much faster than the version 6.1 method. But if you activate more options through the Settings, OpenERP will turn the quotation lines with a dialog allowing you to specify more information (e.g. make to stock/make to order, packaging, Manufacturing properties, etc.).

I would like to know what are these options mentioned above.

Thank you in advance.

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Hello, Those fields have a tool tip with help of mouse over on those filed you can get the description regarding those more fields.

Regards, Devishree(DBR)