I understand how this would be helpful to easily manage your inventories between each project you've made, Apar. I'll share some insights about this.
In QuickBooks Online (QBO), the ability to transfer materials from one project to another is unavailable. While the program does not offer the feature you need, you can manually enter the transaction for that specific inventory and assign it to the correct project instead. For a detailed guide, check out this article: Set up and create projects in QuickBooks Online and Accountant.
On the other hand, you can also utilize a third-party application that has this feature and can be integrated with QBO. To look for one, you can follow these steps:
In the meantime, I encourage you to send feedback to our Product Developers to request the addition of this option. They regularly review submitted customer requests and take them into consideration when prioritizing product improvements. Here's how:
Additionally, here's a resource that you can read to further help you track your labour costs and profitability in QBO: Track hourly labour costs and profitability by project in QuickBooks Online.
I'm just around the corner if you require further assistance in managing your projects. Please reach out to me again and I'll get back to you as soon as possible.
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