Hi sv79,

Thanks for joining us here. Using projects in QuickBooks online is a good way to quickly calculate your project income and costs. I see what you're trying to do within projects but at this moment the feature is designed to help you track profitability. It will only display COGS and not inventory asset. If you'd benefit from additional options in managing projects, feel free to submit feedback directly to our engineers. Your comments are crucial in driving innovation to offer the best QuickBooks experience we can.

Don't hesitate to stop by if you need anything else.