Introduction
The Estimate function is an important part of the Finance module and must be used correctly to ensure that all invoices are recorded in the correct reporting period.
An estimate can be created in IndiCater when an order has been booked off before an invoice has been received. An estimate can also be manually added.
An estimate can be for a purchase invoice or a credit note. If the user request a credit not during the booking off process, a credit note estimate will be automatically created.
Assumptions
You have created estimates through the booking off process or have manually entered them in the finance module
Where to find this
Outlet Finance > Purchasing
Set-by-Step Guide
Step 1. Within Estimates, click Show All to see all outstanding estimates regardless of when they were entered
Step 2. From the list, select the estimate you want to convert
Step 3. Once you have clicked on the estimate, select the late invoice date (this is a client option), enter the invoice number and the correct net, vat and gross amounts.
Step 4. Click Convert
Step 5. See a summary of the estimate including any adjustments you have made.
Step 6. Click Convert again to confirm
Step 7. See the invoice has now been created