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Hello, 1lbrenner81.
Thank you for reaching out to the Community. First, let's set up and create project in to track your project’s profitability. You can add project income, expenses, and labor expenses, add old transactions to new projects.
Second create a new project. I'll show you how to do it:
Third, add new transactions to a project like invoices, expenses, or estimates directly into your project. Adding transactions to projects won’t change how they’re categorized or affect your accounts. You’re simply marking them as a part of the project so you can track a specific project’s income and expenses.
Lastly, add existing expenses to a project. If you have existing expense transactions that you've already added to QuickBooks like bills, checks, expenses, or purchase orders, here's how to add them to your project:
I've added here a link that you can check through about Track income, costs, and profitability by project in QuickBooks: Set up and create projects in QuickBooks Online.
We'll be around if you have any other concerns. Have a good day and stay safe!
My problem is that I do not take the Expense to and Expense item. I take it to a Liability account
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