It’s time to start new habits. Why? It’s a new year. One of my dear friends recently asked me to show them how to use QuickBooks Online Projects. My initial reaction was, “What?”
Projects are not a new feature, but instead a new habit to start. This existing feature is so much easier to use than customers and sub-customers. One great reason is the Project profitability reports.
This feature, available in QuickBooks Online Plus, enables you to stay organized by keeping transactions and time pertaining to a particular job all in one place.
Not only does this help with organization, but also makes monitoring a particular job’s profitability easy. There are several reports that will allow you to view your profitability, transactions, unbilled work and even non-billable time.
You can say goodbye to the extra management software solutions or excel sheets that you use to keep track of the different jobs.
How to Enable Projects
- Select the Gear, and then Accounts and Settings
- Select Advanced
- Turn on projects
This is a great time and money-saving tool to start your 2022 year off right and will help keep your business profitable.
To learn more about the Project feature, click here.
Liz Scott is a multi-business entrepreneur working to bring together technology and accountants through her business, Liz Scott Consulting. A member of Intuit Trainer/Writer Network, she authored and taught Master level courses, including Advisory Guides and Consulting Tools for Accountants. In addition to Liz Scott Consulting, she also owns Accounting Lifeline, a firm to serve small businesses with their financial needs. Liz is a co-host of the “Appy Hour,” which helps other accountants learn about the different tools and apps for small business needs. Holding a high passion for real estate investment, she owns properties throughout Oklahoma.
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