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I only see quotes in my "Add to Project" menu which I assume is what they call Estimates in South Africa but I don't see Project Estimate or Project Quote where I can see estimates vs actuals.
Yes, the Project Estimate feature is available to QuickBooks Online users in South Africa, but it appears as Quotes in your Add to Project menu, janco1. Let me clarify about this and provide details about estimates versus actual reports.
In South Africa, the term Quotes is used instead of Estimates, so the Quotes option you see functions as a Project Estimate. Additionally, this feature is available in QuickBooks Online Plus and Advanced plans worldwide, including South Africa.
However, the Estimates vs. Actuals report, which is available in some regions to compare estimated costs against actual expenses and income, is currently unavailable in the South Africa version of QuickBooks Online.
For more information on handling your project, refer to this article: Create and manage projects in QuickBooks Online and Accountant.
Furthermore, you provide customers with a quote for the entire project. Once the work begins, you can easily convert that quote into an invoice, streamlining your billing process.
Feel free to reply below if you have questions or need further assistance with the Project Estimate feature in QuickBooks Online for South Africa. We're here to help you make the most of your QuickBooks experience.
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