Hi there, Kcray47.
Thank you for visiting the QuickBooks Community. I'll be sharing details to ensure you'll be able to track transactions in QuickBooks Online like what job costing works in the Desktop version.
In QuickBooks Online (QBO), there's a feature called Project that works like Job Costing in QuickBooks Desktop. This feature helps you to track your project’s profitability. You can add project income, expenses, and run project-specific reports from a single dashboard, etc.
To start with, the projects option is already turned on in QuickBooks Online Plus and Advanced. However, if you use QuickBooks Online Accountant, you’ll have to turn projects on by going to the Account and settings page.
Here's how:
- Go to the Gear icon and select Account and settings.
- Choose the Advanced tab.
- Find the Projects section and select Edit ✎ to expand the page.
- Turn on the Use project financial tracking toggle.
- Click Save and Done.
Once done, you can now start creating a project. Please follow the steps below.
- Choose the Projects menu at the left panel.
- Click New Project.
- From the Project Name field, enter the project name.
- Select the project customer from the Customer dropdown list.
- Add any notes or any information about the project in Notes.
- Click Save.
After that, you'll have to record billable expenses in QuickBooks Online. This is an entry you incur on your client’s behalf when you perform work for them. You can easily record and track billable expenses so your customer can reimburse them when they receive their invoice. You can follow the steps shared in this article: Enter billable expenses.
Then, you can add your existing expenses to a project. You may open this article to see further details and how to perform the process: Set up and create projects in QuickBooks Online.
Lastly, you may refer to this article to view different details on how you can further utilize the project and how it works in QuickBooks: Projects FAQ.
If there's anything else that I can help you with recording entries in QBO, please let me know in the comment section down below. I'll be always around ready to help.
