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In QuickBooks Online (QBO), you can use the Project feature that helps you track income, material costs, and labor expenses for the work you do.
To turn on this feature, here's how:
For more information about this, here's a reference: Set up and create projects in QuickBooks Online.
If you're using QuickBooks Online Payroll, the system will use the most recent payroll to calculate hourly time costs for you. You can see the "How to Use QuickBooks Projects to Track Project Income & Costs (w/ QuickBooks Online Payroll)" article to know more about how to use the Project.
On the other hand, if you're not using QuickBooks Online Payroll, to calculate your hourly time costs, here's what you'll need to do:
Here's a link for you, to learn more about projects: Track income, costs, and profitability by project.
If you have any additional questions about the information above, feel free to visit us here again. We're always here for you. Have a wonderful day.