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Transmittal letters (sometimes referred to as cover letters) are sent as an accompaniment to enclosed material. Transmittal letters should be brief and clearly written. If you are sending the transmittal letter with a report, the transmittal letter should be the first element of the front matter.
A transmittal document is a "packing slip" for a document or collection of documents that are transferred from one company to another. The transmittal might be just the front page in an extensive document. But more often it is a separate document file that contains details of the documents that are sent.
A transmittal or cover letter accompanies a larger item, usually a document. The transmittal letter provides the recipient with a specific context in which to place the larger document and simultaneously gives the sender a permanent record of having sent the material.
Transmittal letters are usually brief. The first paragraph describes what is being sent and the purpose for sending it. A longer transmittal letter may summarize key elements of the proposal in one or two sentences and provide the recipient with other useful information.
For a letter of transmittal, you'll want to follow the standard business letter format. Make sure to include a formal heading or use a professional letterhead, a professional greeting, your reason for writing in the opening paragraph, and a thank you in your closing paragraph.