Unlike QuickBooks Desktop where you can job cost within the Estimate feature, you can only use the Estimate feature in QuickBooks Online for invoicing. You can import an Estimate but as of October 2019, there are no Estimate versus Actual Job Cost reports in QBO. However, we can use the QBO Estimate feature to set up a billing schedule. A billing schedule is created to help you invoice a job when a certain milestone is reached. Milestones are set up based on what you agreed to with your customer. In this video, we will show you how to customize and create a billing schedule estimate, as well as how to create an invoice from a billing schedule.
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