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Is it better to use projects or sub customer for job costing in QBO? What are the pros and cons of each?
That’s a loaded question and for anyone to answer it you need to tell us more about your intended use and expectation from the use of these options. Some insight into your company or the tell us what industry is helpful. This is a very customized decision based on how you plan on using any of those options.
Welcome to the Community forum, TheresaH.
In QuickBooks Online (QBO), the Project feature works like Job Costing in QuickBooks Desktop. This feature helps you to be organized and track all moving parts. You can also use sub-customers, to track your projects and job costs depend on your preferred way of tracking.
You might create sub-customers if:
To help you decide which best suits your situation, you can take a look at these articles for guidance:
If you have other questions concerning QuickBooks, let me know by commenting below. I’m here to help. Have a great day!
How do I get job cost reporting? It was easy with the desktop version, not so much with the online version.
Hello there, @Curtisdia.
We always strive to provide the best experience with the product, I can walk you through the steps of how to run a project report in QuickBooks Online (QBO).
Here's how:
You can learn more about this by checking out this article: Track income, costs, and profitability by the project. It also includes details on how to calculate your hourly time costs.
Also, In case you'll need to categorize your bank transactions in QBO, you can refer to this great article for the detailed steps: Assign, categorize, edit, and add your downloaded banking transactions.
Please let me know how it goes. You're always welcome to comment below if you have other concerns about utilizing the Projects feature in QBO. I'm just around to help. Take care always.
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