16 Nov Using Estimate
Posted at 20:56h in
Estimates are a “Pro” and higher feature that serves as a useful way to track projects that have been bid, proposals that have been submitted, or estimates that have been approved. This function is non-posting, which means that the general ledger will not be updated until the estimate is converted into an invoice.
In order to have effective reports, it is critical that the cost be entered, then the mark up can either be entered to calculate the selling price, or the selling price can be entered to calculate the mark up.
QBRA-2005: Customers > Create Estimates