Good day, @calvertelectrica.
I'd be glad to share with you the steps on how to add hourly rates to projects in QuickBooks Online (QBO).
Here's how:
- Go to the Projects menu and click the name of the project.
- Under the HOURLY TIME COST, click HOURS.
- In the Cost rate (/hr) section, enter the rate. Make sure to uncheck the Billable (/hr) box so the system will follow the cost rate.
- Click Save.
To track your payroll expenses, you can generate a Project Profitability report from the Project Reports tab. This report provides a detailed view of your project accounts and transactions, allowing you to gain valuable insights into your project's financial performance. See this article for your reference: Understanding project profitability.
If you have any other questions or concerns about using QuickBooks, please feel free to leave a comment below. I'm always here to assist you and provide valuable insights to help you achieve your goals.