QuickBooks Archives

3 Mar 2024

The Journey of an Estimate in QuickBooks Online

YourFrontEOffice Accounting - Bookkeeping, QuickBooks

By Your Front eOffice

You’ve probably received estimates before. Maybe you needed work done on a vehicle. Your dentist might have warned you how much a new crown would cost. If you’ve ever hired a contractor to remodel a room in your home or build an addition, you would have received a lengthy document spelling out the costs for materials and labor, an estimate.

Potential sales like these are multi-step processes. The first step is creating an estimate for your customers. If they want to make changes, you’ll have to edit it. Once they approve the estimate and the work has been completed, you’ll want to send an invoice and record a payment when it comes in. And you’ll probably want to see an overview of the estimates you’ve processed, so you can track their financial life cycle.

24 May 2022

5 Easy Ways to Automate Your Business to Save Time and Money

YourFrontEOffice Apps, Behind the Numbers, QuickBooks

By Mandy Maas, Your Front eOffice

As a business owner, sometimes it feels like there is not enough time in the day. If you feel overwhelmed with the number of tasks that need to be completed daily, you are not alone.

There are many options to alleviate your workload, regardless of your business’ size. If you want to optimize your business, the first place to start is to decide what tasks you can automate to free up your valuable time and resources.

What is Business Automation?

Business automation is defined as the use of technology to assist in daily business tasks, processes, and projects, with little to no interaction from a business owner. Automating daily and routine tasks can cut operating costs, which is why you will find most business owners utilizing some form of business process automation software in some manner within their business.

6 Dec 2021

How Does Progress Invoicing Work in QuickBooks Online?

YourFrontEOffice QuickBooks How To

Want to break up an estimate into multiple invoices? QuickBooks Online supports progress invoicing.

If you do large, multi-part projects for customers, you may not want to wait until absolutely everything is done before you send an invoice. This can be especially problematic when you have to purchase a lot of materials for a job that will eventually be billed to the customers.

QuickBooks Online has a solution for this: progress invoicing. Once you’ve had an estimate approved, you can split it into as many pieces as you need, sending partial invoices to your customer for products and services as you provide them, rather than waiting until the project is complete. If cash flow is a problem for you, this can be a very effective solution. You might be able to take on work that you otherwise couldn’t because you’ll be getting paid periodically.