What is an estimate?
An estimate is a proposed price for goods or services before the client approves the work. It outlines the expected scope, timeline, and cost of a project.
Estimates
Create professional estimates for client proposals
Prepare clear price estimates before work starts. Involy helps you create client-ready estimates and keep proposal documents beside your invoices. An estimate is a proposed price for goods or services before the client approves the work — helping both parties agree on scope and cost before committing.
Create estimates with services, quantities, prices, tax, and totals.
Export estimates as PDF files.
Use estimates before final invoice creation.
Keep proposal records organized by client.
Useful for freelancers, agencies, and service businesses.
Part of Involy Pro document tools.
Convert accepted estimates to invoices with one click.
Set estimate validity dates to manage client expectations.
How to create professional estimates for client proposals
- 1
Upgrade to Pro and select Estimate
Estimates are available on Pro and Premium plans. From the dashboard, select Estimate from the document types menu.
- 2
Add client and project details
Enter the client's information and a description of the project or services you're quoting for.
- 3
List services and pricing
Add each service or product with quantities, unit prices, tax, and discounts. Provide detailed descriptions so the client understands the scope.
- 4
Set validity and terms
Add an expiration date for the estimate, payment terms, and any conditions. This helps manage client expectations.
- 5
Send and track acceptance
Export as PDF and send to the client. Track the estimate status and convert it to an invoice when accepted.
Frequently Asked Questions
Can I create estimates online?
Yes. Involy lets you create estimates online and export them as PDFs. Estimates are available on Pro ($5/mo) and Premium ($10/mo) plans.
Can estimates become invoices?
Yes. Involy keeps estimates and invoices in the same document workflow. When a client accepts an estimate, you can convert it to a final invoice with one click.
What is the difference between an estimate and a proforma invoice?
An estimate is a non-binding price proposal. A proforma invoice is a preliminary bill that outlines terms before final billing. Both are used before a final invoice, but a proforma is more formal.
Related Document Types
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Purchase Order Generator
Create formal purchase orders for vendors.
Credit Note Generator
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Delivery Note Generator
Document shipped and received goods.
Free Invoice Templates
Browse professional invoice templates.
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