Create Estimates in Quickbooks

How to Create Estimates in QuickBooks?

How to Create QuickBooks in Estimates

QuickBooks provides ‘estimate’ features or tool to its users so that, they easily manages their budgets and gives extensive collection and proposals of work that you planned for your customers. Create Estimates in Quickbooks Estimates are just like ‘invoices’ its only motto is to begin a discussion with your customers and helps its users to add data easily from the estimate into an invoice.

How to Turn on estimates?

To create an estimate, you need to make sure the Estimates feature is turned on

  • log in to the QuickBooks company file as Admin.
  • From the QuickBooks Edit menu, select Preferences.
  • On the left pane, choose Jobs Estimates then go to the Company Preferences tab.
  • Select Yes to the question “Do you create estimates?”
  • Select OK.

Points To Create Estimates in QuickBooks

  • First select ‘Edit’ Preferences.
  • Then select ‘Jobs & Estimates’from the file menu.
  • From ‘Company Preferences’, select ‘Yes’ for “Do You Create Estimates” and click “OK.
  • Now from settings, Click “Yes” and enables estimates in your company file.
  • Then select‘ customer’ and click on ‘create an estimate’.
  • Select the name of the customer. In case of a new customer, click “Add New”.
  • Then, select “Template” and type of estimate. You can choose from “Retail Estimate,” “Quote,” “Proposal” or “Custom Estimate,” which you should choose if the type of estimate you are creating does not fit the other categories.
  • Then enter all information for the estimate.
  • Select “Customer Message” and click any messages or click “Add New” and write your message to the customer.
  • Click “Save”

How To Manage Estimate

  • You can easily transform your estimates into invoices by selecting “create invoices” from the QuickBooks file options.
  • In case the user forgot any invoiced estimate, then the user must go to the customer option and click ‘relevant customer’.
  • Users can easily revise their estimates by clicking ‘edit’ from QuickBooks file options, and then ‘save’ it.

Conclusion

Creating an estimate in QuickBooks can be of use for a company as well as its customers. The post defined in-depth the usage of an estimate. Also, it marked the steps for the creation of an estimate in the software and its other versions.

Source: 99accounting

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