Here are your articles for Monday, April 08, 2019
Is this email not displaying correctly?
View it in your browser .
Website Tax Services Consulting About Us Contact Us
Share Save

Keeping Track of Project Expenses


The Projects feature in QuickBooks Online Plus is not a full-blown project management software. Intuit introduced it more for small business owners who want to gain deeper financial insight on the work they do. You could call it “job costing light.”

If you’re interested in the Project feature in QuickBooks Online Plus, it’s easy to get started. There’s no software to download or to integrate with your QuickBooks Online. All you have to do is turn it on.

Note: Once Projects is turned on in QuickBooks Online, you can’t turn it off. That shouldn’t matter really. If you find you don’t like it, just don’t use it.

Turn on Projects: Go to the Gear icon, and under Your Company, choose Account and Settings. You’ll see a choice for Advanced and then a pencil icon to open Projects. Click on that icon; hit Save and Done.

Add or Update Projects: Once you turn on the feature, click on Projects on the left toolbar to set up new projects or update existing ones.

Track Time and Expenses: Projects lets you track time you spend on jobs as well as revenue and expenses. To assign invoices, payments, expenses, estimates, time, bills or purchase orders to a project, simply click the Add to Project button.

Run Custom Reports: From the Project screen, you can see whether you’re losing money or making money by running custom reports built into the feature. You can even view associated transactions and check on any outstanding payments on jobs or unbilled work.

For more help tracking project expenses in QuickBooks, contact us today.

Share Save

Your Comments

CironeFriedberg, LLP
CironeFriedberg, LLP
24 Stony Hill Rd, Bethel, CT 06801
(203) 798-2721
6 Research Dr, Suite 450, Shelton, CT 06484
(203) 366-5876
Friend Me on Facebook
Connect with me on LinkedIn
Saved Articles
Comments and Feedback
Refer A Friend
Your Privacy
Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
Powered by
Copyright © IndustryNewsletters All rights reserved.

This email was sent to:

Mailing address: 24 Stony Hill Road, Bethel, CT 06801