How to create an Estimate in QuickBooks

Estimate: This is a document issued to a customer indicating the price of each item/services, the VAT amount and the total of all the items asked by a customer. 

To create an estimate, follow the steps below:

1)  Click ‘Customer’ at the menu bar, and select ‘Create Estimates’ at the drop down list

Or click ‘Create Estimates’ at the home page

 

 

2)  The Estimate window opens

A) Click the drop down arrow at ‘Customer: Job’  in order to select the customer the document will be issued to

B)  Set the date the estimate is created

C)  The text box consist of the Item, Description, Quantity, Rate, etc.

Ø  Item: Click the drop down arrow at the item box and choose the item to be estimated

Ø  Description: Describe the item briefly in the description box

Ø  Qty: The quantity of the item

Ø  Rate: The rate of the item

Ø  Amount: Automatically QuickBooks calculates the amount if the rate and the quantity are filled

D)   Save & Close: Click Save & Close after filling the appropriate information

Save & New: Click Save & New if you want to create another estimate either for the same customer or another.