New Estimate
An Estimate sets out expected costs and terms before a deal is firm. It is prepared from judgement, history and experience rather than exact figures — a way to give a customer a credible number when the precise one is not yet knowable.
Where to find it
Go to CRM > New > Estimate.
Steps to Create a New Estimate
- Open CRM > New > Estimate.
- Select the Customer — required, so the estimate is tied to an account.
- Set the date and validity.
- Add the items or services with estimated quantities and prices.
- Save, then send it.
Field reference
| Field | Required | Description |
|---|---|---|
| Customer | Yes | Who the estimate is for. |
| Reference | Yes | The unique identifier. |
| Date / Valid until | No | When prepared and how long the figures stand. |
| Line items | Yes | What is being estimated, with quantity and price. |
| Terms | No | Any conditions attached to the figures. |
An estimate is indicative, but customers rarely hear the distinction. Whatever number you give is the one they will hold you to when the quotation arrives — so state the assumptions behind it in the terms.
Where estimates lead
An accepted estimate can be converted into a sales order to begin fulfilment. Where the customer wants a firm priced offer first, raise a quotation instead.
Related pages
- Estimates List — find estimates
- Estimate View — the full record
- New Proposal — a formal offer, and can go to leads
- Quotation — the firm priced offer