Skip to main content
Skip table of contents

Sales & Billing Dashboard: Invoices, Estimates, Receipts

Available in Quicken Business & Personal
Access anytime from the Sales & Billing section in the left navigation.

The Sales & Billing dashboard is your central workspace for managing customer transactions in Quicken Business & Personal. This is where you create, view, and track estimates, invoices, and sales receipts—the core documents that help you run your business professionally and keep your finances accurate.

Using the right document at the right time keeps your business organized and your financial records clear from day one.


Quick Decision Guide

Got paid on the spot? → Sales Receipt
Need to collect payment later? → Invoice
Customer wants a price first? → Estimate


What You Can Do Here

From the Sales & Billing dashboard, you can:

  • Create estimates, invoices, or sales receipts with one click

  • View customer transactions organized by document type

  • Track who owes you money and who has paid

  • Monitor issue dates and document status

  • Manage your full sales cycle from quote to payment

The dashboard groups activity into three tabs—Estimates, Invoices, and Receipts—so you can quickly find what you need and see your business activity at a glance.


Understanding Estimates, Invoices, and Sales Receipts

Think of these documents as the natural stages of working with customers.

Estimates — Before the work

“Here’s what it would cost.”

An estimate (also called a quote or proposal) gives a customer an expected price before any work begins. It’s not a bill and doesn’t affect your financial reports until it’s converted to an invoice.

Key characteristics:

  • Provided before the customer commits

  • Can be accepted, rejected, or negotiated

  • Not legally binding

  • Helps customers make decisions

Example: A landscaper provides a $2,500 estimate to redesign a backyard.

Invoices — After the work, before payment

“You owe this amount.”

An invoice is sent when work is complete (or products are delivered) and payment hasn’t been received yet. It creates Accounts Receivable—money your customer owes you.

Key characteristics:

  • Sent after delivery or completion

  • Includes payment terms (e.g., Net 15, Net 30)

  • Tracks outstanding balances

  • Requires follow-up until paid

Example: A graphic designer sends a $1,200 invoice with payment due in 15 days.

Sales Receipts — Payment happens immediately

“Paid in full.”

A sales receipt records a completed transaction where payment is received at the time of sale.

Key characteristics:

  • Payment received immediately

  • No balance owed afterward

  • Income recorded right away

  • Provides proof of purchase

Example: A coffee shop sells a latte and receives payment at checkout.


Why Choosing the Right Document Matters

Using the right transaction document at the right time keeps your records accurate and useful.

For your bookkeeping:

  • Invoices track who owes you money

  • Sales receipts record immediate income

  • Estimates don’t affect your books until converted

For your customers:

  • Professional documents build trust

  • Clear terms reduce payment disputes

  • Records support their own accounting

For tax and reporting:

  • Accurate income tracking

  • Clear documentation of business activity

  • Reliable audit trail if needed

For business decisions:

  • See which customers generate revenue

  • Track whether estimates convert to sales

  • Monitor cash flow and outstanding payments


When to Use Each Document

Use an Estimate when:

  • A customer is asking for pricing

  • Scope needs approval before work starts

  • The job is large, custom, or planned

Common examples: contractors, event planners, web developers, mechanics


Use an Invoice when:

  • Work is complete but payment will come later

  • You offer payment terms

  • You need to track who owes you money

Common examples: consultants, agencies, wholesalers, freelancers


Use a Sales Receipt when:

  • Payment is received immediately

  • The sale is completed on the spot

Common examples: retail, salons, food trucks, in-person services


Common Workflows

Estimate → Invoice → Payment

Customer requests pricing → estimate is accepted → work completed → invoice sent → payment recorded

Example: Photographer estimates $800 for a wedding, converts to invoice after the event, records payment when received.


Invoice → Payment

Work completed → invoice sent → payment recorded

Example: Monthly bookkeeping service invoices client at month-end; payment received later.


Direct Sale (Sales Receipt)

Product or service delivered → payment received → transaction complete

Example: Customer pays for grooming service at pickup; sales receipt records the transaction.


The Bottom Line

The Sales & Billing dashboard gives you one organized place to manage your entire sales process. Using estimates, invoices, and sales receipts correctly ensures your books stay accurate, your customers receive professional documentation, and you always know who owes you money—and who has already paid.

Start simple:

  • Got paid on the spot? → Sales Receipt

  • Need to collect payment later? → Invoice

  • Customer wants a price first? → Estimate

JavaScript errors detected

Please note, these errors can depend on your browser setup.

If this problem persists, please contact our support.