Similar to Material and Labor ,Overhead project estimation will capture the overhead cost details and provide the total overhead estimation amount.

Finally, Total Job Estimation is calculated on the basis of Material, Labor and Overhead costs. You can confirm the Estimation to proceed further.

You can approve or reject the Job estimation, If approved it will move to the approved state and if rejected, it will be in rejected state.

Once the estimation is approved, you have the option to create quotation and proceed further. Orelse if you want to revise the estimation and make an modifications before creating a Quotation, then you can click on revise quotation.

For every revision you can see a history maintained in the top right corner

In the Sales Quotation, the order lines will have Material Cost , Labor Cost and Overhead cost derived from the Job Estimation.

After Sales Order Confirmation, the Products are ready for inventory valuation.