Free Estimate Generator - PDF Download | InvoiceBean
Create professional estimates and download as PDF for free. Set validity dates, optional items. Free estimate maker for freelancers and business owners.
FAQ
What is the difference between an estimate and a quote?
An estimate is an approximate cost projection that may change as the project scope becomes clearer. A quote is a fixed price offer that is binding once accepted. InvoiceBean lets you create both types of documents.
What should I include in a business estimate?
A professional estimate should include: your business details, client information, a unique estimate number, issue date and validity period, itemized list of services or products with prices, subtotal, taxes, total, and your terms and conditions.
How long should an estimate be valid?
Typical estimate validity periods range from 15 to 30 days. You can set a custom validity date in InvoiceBean. Clearly stating the validity period protects you from price changes in materials or labor.
Can I convert an estimate to an invoice?
While InvoiceBean doesn't automatically convert estimates to invoices, you can easily recreate the document as an invoice once the client approves the estimate. Simply copy the details into the invoice generator.
Is an estimate legally binding?
Generally, estimates are not legally binding unless explicitly stated. However, once a client accepts an estimate in writing, it may become a binding agreement depending on your jurisdiction. Always clarify terms with your clients.