How can Shruti ensure the Estimates vs. Actuals tile reflects the estimated costs in QuickBooks?

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To ensure the Estimates vs. Actuals tile accurately reflects the estimated costs in QuickBooks, changing the estimate status to Accepted or Closed is the correct action. When the status of an estimate is updated to Accepted or Closed, it signals to QuickBooks that this is the final expected cost of the project, thus allowing the system to clearly differentiate between what was estimated and what has actually been incurred.

This effective management of estimates helps keep project tracking accurate and ensures that financial reports reflect a true state of project expenditures. An accepted or closed estimate conveys to QuickBooks that this estimate is no longer subject to change and is effectively integrated into the reporting structure, allowing for better visibility on variances between estimated and actual costs.

The other options, while they might pertain to project management in QuickBooks, do not directly address the updating of the Estimates vs. Actuals tile. Changing the project's status to Completed does not directly impact the estimate tracking; waiting for an automatic data refresh might not initiate an immediate update for the estimates, and creating a purchase transaction pertains to recording specific expenses rather than directly influencing the estimate status.

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