How to use my inventory for the project

Glad to have you here, @lasttime. Let me share more insights about the projects in the QuickBooks Online International version.

QuickBooks Online offers a powerful feature called Projects that allows you to track the profitability of your projects. With Projects, you can easily add project income, expenses, and labor costs, and generate project-specific reports, all from a centralized dashboard. Additionally, if needed, you can also associate old transactions with new or ongoing projects. 

By utilizing the Projects feature in QuickBooks Online, you can effectively track the profitability of your projects, manage project-specific income and expenses, monitor labor costs, and generate insightful reports. This centralized approach allows for better financial management and helps you make informed decisions to optimize your project's profitability.

Adding transactions to projects won’t change how they’re categorized or affect your accounts. You’re simply tagging them so you can track specific project income and expenses.

Here's how:

1. Open your project.
2. Select the Add to Project button to create a brand-new transaction.
3. Select Invoice, Receive Payment, Expense, Estimate, Time, Bill or Purchase order.

Furthermore, we can add any invoice to a project so long as it wasn't created from an estimate and doesn't have any attached time or billable expenses. To add the invoice to a project, replace the customer's name in the invoice with the project name.

Here's how you can utilize Projects in QuickBooks Online:

• Track income, costs, and profitability by project
• Set up and create projects in QuickBooks Online and Accountant

Let me know if you have concerns. I'll be here to help you.