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Why should I use QuickBooks to create my estimates?

If you provide any type of estimate or bid—even a verbal quote—there are many reason to use estimates in QuickBooks.

  • You can use the QuickBooks estimate form to prepare professional-looking itemized estimates, bids, quotes, or proposals for your customers. You can customize a QuickBooks estimate to look and say exactly what you want it to.

  • When it's time to bill your customer, you can easily create an invoice from the estimate with just one click. QuickBooks then creates an invoice using information from your estimate.

  • When you need to know how accurate your estimates are, you can create reports that compare your estimated costs and revenue against your actual costs and revenue.

  • Creating estimates in QuickBooks will allow you to easily compare your actual costs against what you estimated. This will let you see how accurate your estimates are.

  • You can track which estimates are still active and easily update each estimate as you continue to negotiate with your customers.

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