To make things more efficient and accurate in your sales process, you can use QuickBooks to store past sales estimates that you can use when creating future estimates.
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You can also see how long the estimates have been open to determine which should be followed up on. If you already logged sales estimates in QuickBooks, you can simply use the sales estimate report to see the status of open estimates. The sales estimate can be sent as a formal estimate for the prospect which makes your business look more professional. Once the prospect is ready for an estimate, you can use a sales estimate as a template to compile information about their project. You can do this manually or you can integrate it with your external third-party sales tool. When a new prospect contacts you, you can create a contact within QuickBooks. You’re going to create invoices and log payments within QuickBooks, so it’s best to have these customers logged early in the process. Select the drop-down under the customer’s name to modify. You can only save an estimate if it’s accepted or pending.
#Change currency in quickbooks estimates how to
Keep in mind that sales prospects that turn into actual customers will end up in your books anyway, so here’s how to change an estimate into an invoice using QuickBooks accounting software.
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Use QuickBooks to keep track of sales opportunities similar to what you might do with a full-fledged sales CRM system.
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QuickBooks is powerful for accounting and bookkeeping in your business, but you can also use it for much more.