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candc2
Level 1

Are estimates always necessary?

When creating an invoice, is an estimate necessary for every invoice? I know the purpose of estimates, yet I don't think one has to accompany every single invoice. I don't send it or the invoice to anyone, to me it seems like a waste of time. Just curious if anyone knows...

2 Comments 2
Fiat Lux - ASIA
Level 15

Are estimates always necessary?

Estimate is a non-posting type of transaction. Use only when needed.

GebelAlainaM
QuickBooks Team

Are estimates always necessary?

Good day, @candc2. I can share additional details about Estimate in QuickBooks Online (QBO).

I agree with Fiat Lux - ASIA, it's not necessary to use estimate in every invoice you create. You can set up estimate if you want to give your customer a proposal for work you plan to do and it's costs.

Furthermore, you can also convert estimate to invoice even if you use the new or old version. You can visit this article on how it's done and to give you more insights about estimates: Create and send estimates in QuickBooks Online.

In case you'll want to personalize and add specific info to your sales forms, please check out this article: Customize invoices, estimates, and sales receipts in QuickBooks Online.

I'm just here if you need more help or any clarification about the use of estimate in QBO. Have a great day ahead!

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