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Thanks for reaching out to us, Karim.
I have the information you require to efficiently manage your business on QuickBooks Online.
The Project feature is only available in QuickBooks Online Plus subscription. This version of QuickBooks includes 5 users and allows you to invite a maximum of 2 accountants.
Through the Tax feature, QuickBooks can track your sales tax automatically. You must first turn it on to utilize it, after which you may create any appropriate tax codes.
Here's how:
These are the steps to add tax rates:
You can read this article for more insights: How do I set up sales GST rates and use them on forms? (International QBO).
On the other hand, you use the Project feature to track your project's profitability. You must also enable it first before you can add or create a project. I'll show you how.
For more details, you can read this link: Set up and create projects in QuickBooks Online.
The Project Profitability Report can then be run to determine how much money you are making or losing. Go to the Project menu and select the specific project. Then go to the Project Reports tab. You can also run the Project Profitability Summary report if you want to know which projects are more profitable.
Here's how:
Additionally, I've added this resource to see the list of reports available in your QuickBooks Online subscription: Reports included in your QuickBooks Online subscription.
If you want to connect your bank or credit card account. Refer to this guide: Connect bank and credit card accounts to QuickBooks Online.
Once your transactions are in QuickBooks, you may review and categorize them to make sure they are posted in the appropriate accounts.
Let me know if you have further questions or concerns. I'll get back with more details. Take care.
Pick QBO Plus and enable the Project feature. If you need more features, consider having a project management app to integrate with QBO.
https://quickbooks.grsm.io/Singapore
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