Yes, you can. I'll help you with how to do this nishadisuntechla.
QuickBooks Online (QBO), lets you track a project's profitability, and add income, expenses, and labour costs. You can also add old transactions to new or ongoing projects. You can turn on the Projects feature to
enable it and create one. To do so, follow the steps outlined below:
- Go to the Gear icon, then select Account and settings.
- Go to the Advanced tab.
- Find the Projects section and select Edit to expand it.
- Turn on Organise all job-related activity in one place.
- Click Save and then Done.
To create a new project. Here's how:
- Sign in to QuickBooks Online.
- Go to Projects.
- Select New project.
- In the Project name field, enter the project name.
- Select a customer from the Customer dropdown.
- Enter a Start date and End date for the project.
- Select a project status from the Project Status dropdown.
- Note: You can also add more project info in the Notes field.
- Click Save.
To learn more on how you can add existing timesheets to a project check this article: Create and Manage Projects in QuickBooks Online and Accountant.
Additionally, learn how to enter hourly cost rates for each employee. I've added this for more details: Track Hourly Labour Costs and Profitability by Project in QuickBooks Online. Please get back to us if you have any other concerns about projects. We'll always be right here to help you.
