Automatically closing estimates would simplify tracking the stages of your sales processes, PJBooks. Let me share some details about managing estimates in QuickBooks Desktop.
There's a setting within the Preferences menu that allows estimates to be automatically closed after they have been invoiced. This eliminates the need to add an additional line item to zero it out.
Let me show you how:
- Go to the Edit menu and select Preferences.
- Look for Jobs and Estimates from the left menu.
- Proceed to the Company Preferences tab.
- Check the box for Close estimates after converting to invoice.
- Click OK.
After that, the system will automatically close out the estimate after invoicing. This helps keep your estimate status up to date and shows that the estimate is completed after billing the customer.
I'd also like to recommend some additional resources in case you might need them:
Please don't hesitate to reach out to the Community if you need any other assistance interpreting reports, setting preferences to streamline workflows, or any other questions about using QuickBooks. We're available 24/7 to provide you with the support and help you need.
