Estimates

Estimates are documentation concerning the expected monetary expenditure that might be spent while working on the project presented to the client before proceeding. It allows a platform for the two parties to decide, discuss, and negotiate on the expenditures for the project before starting it. It also allows transparent conversations about the products and prices of products being consumed. It helps in avoiding future discrepancies between them as every step is discussed before its initiation.

By clicking on the option available in the top left corner, "Create Estimates" creation of new estimates is an easy task. Choosing this option presents a pre-generated form that is seen on the screen.  It requires some basic details for the estimate including estimate number, validity date, currency, client, taxation preference, billing details, and a note for the recipient. The created estimate can either be saved or saved and sent to the client's mail varying as per the preference.

After the details are saved in the system, it is possible to view individual estimate documents and it is done by clicking on the estimate number hyperlink via which you will be able to access the detailed view of the created estimate. This includes information for both the parties and probable billing details which can be negotiated as per requirements. It offers options for downloading, viewing, editing, creating an invoice, canceling the estimate, creating a duplicate copy, and sending it to the client.

Estimates are probable monetary expenditures that a client will have to pay for getting their work done. It aids proper communication between the two parties leading to better understanding between the two.