What’s the difference between saving an estimate and approving a draft

A draft estimate is created in Wave when you click Save and Continue after creating a new estimate. Wave does not automatically save estimates unless you click this button. While you can edit or delete a draft estimate, you need to approve it before you can send it to your customer or convert it to an invoice.

Estimates will not reflect on any of your reports. If you convert an estimate to an invoice and approve it, the invoice amount will immediately reflect on your accrual basis reports.

To approve a draft estimate:

  1. On the left-side menu, click Sales & Payments > Estimates.
  2. Click the Draft tab above your list of estimates, and locate the draft estimate.
  3. Click on the estimate to view it.
  4. To approve the draft, click on Approve draft within the Create section of the estimate.