Project cost tracking does not include fixed assets like purchasing a land for construction work.
How to make the project cost tracking include the fixed assets transactions?
By the way, running the Balance Sheet -Details report does not bring value as I can view the fixed asset account balance/details.
I want to view the overall cost tracking of a project to be displayed on the overview board and in the project reports as well.
Hello there, @5BY5.
I am here to provide some insights about including the fixed assets in the project cost tracking and the Balance Sheet Detail report in QuickBooks Online (QBO).
Currently, including fixed assets in the project cost tracking and the Balance Sheet Detail is unavailable. I suggest sending feedback to our Product Engineering team on this suggestion so they can get a better understanding of the situation and may consider including it in future product updates.
Here's how:
As a workaround, instead of assigning the fixed asset to the project, you can try associating it with the customer who owns the asset. This way, the asset will be linked to the customer and not the project itself.
Moreover, I'm adding this helpful article as your reference in managing your projects in QBO: Create and manage projects in QuickBooks Online and Accountant.
Come back to this post if you have other concerns and follow-up questions about tracking fixed assets in project cost tracking in QBO. I'll be here to lend a helping hand.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
For more information visit our Security Center or to report suspicious websites you can contact us here