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Module 1 · Strand A — what you deliver

The Quote Pipeline Audit

When you finish this, you can

You can produce the Quote Pipeline Audit from a client’s QuickBooks export in under an hour — and read a quote pipeline the way you read a balance sheet.

Time
About 45 minutes to work through, plus however long it takes to get one export.
1

Why open estimates are where the cash hides

An estimate that never became an invoice is one of two things: unfinished revenue, or bad news nobody delivered. Most books carry months of both, and the owner feels it only as a mood — “we’re busy but cash is tight.” You can show it as a number: the open-pipeline value, aged. That number is the fastest advisory conversation-starter in the book, because it comes from the client’s own data, it is not a benchmark or an opinion, and nobody has ever put it in front of them. It is also, usefully, not anybody’s fault — which is what makes it safe to raise.

You are not bringing them advice. You are bringing them a number from their own books that nobody has ever added up.
2

Getting the export

You need the estimate history, not the invoice history — this is the step people get wrong first. Twelve to twenty-four months, because a shorter window turns a pattern into an anecdote and a longer one drags in a business that no longer exists. If your client is on Desktop rather than Online the report has a different name but the same shape; export whatever lists estimates with dates, amounts, customers, and status.

Estimates, not invoices. 12–24 months.
3

The four findings, and what each one is telling you

The report gives you four things. Read them in this order — the value leads because it earns the meeting, and concentration closes because it turns the meeting into an action. The one people under-read is conversion: it is reported by count and by dollars separately, and the gap between those two numbers is where the real diagnosis lives.

4

Read the data-quality note before you read anything else

The tool tells you what it could not compute and why — a missing status column, undated estimates, rows it dropped. This is not a footnote, it is the first thing to read, and it is the thing that keeps you honest in the room. If there is no status column, you have no conversion number, and saying one out loud anyway is how an advisor gets caught. It is also a finding in itself: a book whose estimates carry no status is a book where nobody is tracking outcomes, and that is worth saying kindly.

What the tool couldn’t see is a finding, not a failure. Say it out loud before your client finds it.
5

Read the report before your client does

Run it, then sit with it for ten minutes and decide which finding leads. It is not always the biggest number — sometimes the aging curve or a single concentrated customer is the more useful door. Know what you expect the owner to say, and know which finding you will fall back to if the headline lands flat. The first time you read the report should never be in front of somebody.

6

Put your name on it

The report is white-labeled because the insight is yours. You knew the mess was there — the tool just counted it. Put your firm name on it and print. Worth knowing precisely, because a client will ask and you should be able to answer without hedging: their file never uploads. The whole thing computes in your browser and the data never leaves your machine, which is a privacy claim you can demonstrate rather than assert.

Their file never leaves your device. You can prove that one, so say it plainly.
Get the export
  1. In QuickBooks Online, open Reports and search “Estimates by Customer.”
  2. Set the date range to the last 12–24 months so the pattern is real.
  3. Use the export icon → Export to Excel / CSV.
  4. Drop that file into the audit tool. The file isn’t uploaded — it’s read on your device.

On QuickBooks Desktop the report has a different name but the same shape — export whatever lists estimates with dates, amounts, customers, and status.

01
Open-estimate value, aged
The dollars sitting in estimates that never became invoices, bucketed by how long they’ve sat.
How to read it
The headline. This is the number that makes the meeting happen, and it is almost always larger than the owner expects, because nobody has ever added it up. The aging is what turns it from a total into a diagnosis: money inside 30 days is a live pipeline, money past 90 is a decision nobody made. Read the 90+ bucket as “quietly dead unless someone picks up the phone.”
02
Estimate-to-invoice conversion
How much of what they quote becomes billed work — reported by count and by dollars, separately.
How to read it
Read both, and read the gap between them. A shop that wins 60% of jobs but only 35% of quoted dollars is losing the big ones, which is a completely different problem from losing lots of small ones — and it is invisible if you only look at the count. That gap is the most sophisticated thing you can point at in the whole report, and it is the moment an owner realizes you are reading their business rather than running a report.
03
Estimate-to-invoice lag
The median days from quoting to winning, where acceptance dates exist.
How to read it
How long winning takes. It sets expectations for everything else: if the median is 21 days, then an estimate at 25 days is not late, and one at 120 is not pending. Median rather than average on purpose — one enormous stalled job would drag an average somewhere useless.
04
Concentration
The customers holding the most open value.
How to read it
Where one conversation moves a third of the pipeline. This is the finding that converts the meeting into an action, because it turns “$68,500 is stuck” into “two phone calls this week.” Owners who go quiet at the headline number tend to come back to life here.

Now do it

Reading this module does not complete it. These do — and they are what certification is issued against.

Completion checklist
0/6

Progress saves in this browser only — nothing is sent to a server. Certification is reviewed personally, so the checklist is your working memory, not the credential.

Done looks like
An audit, printed under your firm’s name, in a real client’s hands.
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