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aleesha_m-yahoo-
Level 1

We use projects to track profitability. We make things for people using raw materials we sell. How do I assign the materials so they record as an expense in the project?

The module is working well to accurately record external expenses against projects and labour used. But the % profit calculation is off at the moment because we haven't found a way to add the raw materials we use as an expense. We have all these raw materials listed in QB as products.
2 Comments 2
IntuitSheila
Level 8

We use projects to track profitability. We make things for people using raw materials we sell. How do I assign the materials so they record as an expense in the project?

Hi aleesha_m-yahoo-,

 

Thanks for posting in the Community!

 

When you create the expense transaction make sure to use the Item details section to be able to add the raw materials in QuickBooks Online. 

 

If you have created an expense transaction and wanted to add to a projects. You can check the steps here:

 

  1. Go to Expenses, then Expenses.
  2. Find and select the transaction you want to add to your project.
  3. In the Customer / Project column, select the ▼ dropdown, then select the project you want to add the transaction to.
  4. Select Save and close. You may also select other save options.

You can refer to this link to learn more about: Create and manage projects in QuickBooks Online and Accountant.

 

Post again in the Community if you have further concerns about projects. I'll be around to help you.

4Gal
Level 11

We use projects to track profitability. We make things for people using raw materials we sell. How do I assign the materials so they record as an expense in the project?

@aleesha_m-yahoo- 

Consider having a manufacturing app to integrate with QBO.