Thank you for visiting the Community, @andy-handit2-com. I've got some information you need so you can set up and manage projects in QuickBooks Online.
Projects are used to track the profitability of your project. From a single dashboard, you can add project income, expenses, and labor expenses, as well as add previous transactions to new projects and run project-specific reports.
Please know that this feature is exclusive in QuickBooks Online Plus, Advanced and Accountant versions. This is the reason why you can’t find the option in the Advanced section settings.
At this time, I’m adding here an article for further details on how you can set up projects in QuickBooks Online.
Then, you may want to customize them to personalize their details and formats. I've got this handy article for your guide: Customize reports.
Please let me know if you need clarification about projects, or other QBO related concerns. I'll be standing by for your response. Have a great day and stay safe.