Hello there, tcossey. Let me elaborate on some details of how labor costs work in QuickBooks Online.
In QuickBooks Online, if you have salaried employees, the hours recorded in the payroll expense of the project will not be tracked due to that salaried employees have fixed hours.
If you want to make your project accurate project cost for profit margin, you can edit your employee information to hourly instead of salary. This way both your time activity total cost and total cost of the project will be accurate.
Here's how:
- Go to Payroll, and select Employees.
- Click the employee.
- In the Pay types, select Edit.
- Click the Salary drop-down and choose Hourly.
- Select Save.
For future use, here's an article on running reports to view useful info about your business and employees: Run payroll reports.
Should you need additional assistance in managing your payroll, feel free to include them in the comments below. Keep safe!
