Quotes Feature in QuickBooks Online

Using two different software tools to manage quoting and accounting can be a tedious task. This is because once a quote is confirmed and converted to a sales order, an invoice has to be prepared manually in accounting tool such as QuickBooks. This is time consuming, particularly when you have too many quotes to handle. Although QuickBooks integration with Quoting software does help to convert sales order into an invoice in a single click, the integration itself is a complicated task. A better option is to use QuickBooks Online with an in-built Quotes feature.

This added feature in accounting software eliminates the need to use two separate systems for handling quotations and finances. This feature allows you to create quotes effortlessly in QuickBooks. Once you have created the quote, the accounting tool allows you to mail it to the desired customer. After the confirmation is received, it is then converted into a Quote. In short, you can seamlessly transfer data from Quoting module and keep your QuickBooks up-to-date. This functionality is available as an add-on for this accounting tool.

QuickBooksin quoting can streamline processes and save substantial amount of time. Handling quoting and accounting needs becomes far simpler. It reduces data entry errors as well as the time spent in correcting information. It will help speed up the billing process and improve cash flow. As a result, increase in productivity and efficiency is guaranteed.

With Quoting feature in QuickBooks Online, you can use any Internet-enabled device for creating a quote. In fact, you can create a quote on the spot and even confirm the deal by converting it into an invoice. However, a situation may arise wherein the quote might not get accepted immediately. In such circumstances, whenever the quote gets accepted, you can revisit the Quote at a later stage and mark its status as closed.