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Scott4j
August 12, 2021
Question

Job (Project) Profitability Summary Report

  • August 12, 2021
  • 3 replies
  • 19 views

In QuickBooks Enterprise Desktop (Contactors Edition) we had a standard report available called Job (called Projects in QBO) Profitability Summary report. It showed Act Cost, Act Revenue and $ Diff. by Job name.

This is a quick view report for management but I have not been able to duplicate or modify a report in QBO to achieve the same results. Suggestions?

    3 replies

    L
    LeizylMQuickBooks Team
    QuickBooks Team
    August 12, 2021

    Hi, Scott4j. 

     

    Allow me to share an idea of how to modify reports in QuickBooks Online. 

     

    QuickBooks Desktop and QuickBooks Online are two different platforms. There are times that we can't pull up the same reports between the two. 

     

    In QuickBooks Online, I can guide you on how to pull up reports and get the information you need. You’ll need to turn on the Project feature first, so you’ll be able to create a project and pull up the profitability report.

     

    1. Go to the Gear icon at the top.
    2. Under Your Company, select Account and Settings.
    3. Select Advanced.
    4. Find the Projects section and select Edit ✎ to expand it.
    5. Turn on the Use project financial tracking toggle.
    6. Select Save and Done.

     

    Once done, you can now pull up a report by following these  steps:

     

    1. Go to Projects on the left pane.
    2. Double-click the project name.
    3. Under Project reports, Select Project Profitability.
    4. Filter your desired date.
    5. Then click run the report.

     

    Check out this article for more detailed steps: Set up and create projects in QuickBooks Online. 

     

    I've also included some articles that help you streamline the reporting process in QuickBooks:

     

     

    Drop me a comment below if you have further questions about reports. I'll always have your back.

    S
    Scott4j Author
    August 12, 2021

    Thank you.

    This is already on and we use the projects reports as you describe, for each project report.

    I'm looking for a date range and summary on all projects.

     

    thank you

    A
    Archie_B
    Level 6
    August 12, 2021

    Hello there, Scott4j.

     

    Let me share what I know about the reports for projects in QuickBooks Online.

     

    Currently, the reports available for projects are Project profitability, Time cost by employee or vendor, and Unbilled time and expenses. But keep in mind, that data shown on these reports are exclusive to the project in question.

     

    That being said, there isn't any available report that shows related data for all projects within the given date. I see how this can be beneficial to you and as well as other users of QuickBooks Online. I'll make sure that our product engineers will be informed about it. This way, they may consider it on the next updates.

     

    Just in case you need further information about Project features in QuickBooks Online, you can check out this article: Projects FAQ. It contains lists of common questions with answers and related links.

     

    You can post a reply below if you still have other questions about project. I'll keep an eye on your response. Have a wonderful day!

    K
    ksigler79
    May 22, 2023

    I recently switched from desktop to online and I am having a hard time! We use this report multiple times a day for multiple functions. Did you ever find a solution? Thank you for your help!

      R
      Rasa-LilaMQuickBooks Team
      QuickBooks Team
      May 22, 2023

      Welcome to the Community, ksigler79.

       

      I recognize how vital it is for your company to handle your jobs efficiently in QuickBooks Online (QBO). This allows you to keep track of your job or project expenses and compare them to your revenue. Let me point you in the right direction on how to build the report you need.

       

      At this time, you'll have to run the Project profitability report since the Job Profitability Summary report is unavailable in the online program. Let's head to the Project Center to accomplish this task. 

       

      I'm here to help and show you the steps. Here's how:

       

      1. In your company, head to the Projects menu on the left panel.
      2. Click on the project's name to see more details.
      3. Go to the Project Reports tab and select Project profitability.
      4. On the report's page, set the correct date range and accounting method. 
      5. Tap the Run report button for the changes to take effect.
      6. Press the Printer icon to print the statement. 

       

      You can also use the Customize function to refine the data on your reports. To get acclimated to the projects feature and accounting activities, feel free to browse the following links: 

       

       

      Fill me in if you have other QuickBooks concerns or additional questions about running job reports. I'll jump right back in to assist you further. 

      T
      tbbofalabamakh
      May 31, 2023

      I don't understand how this feature isn't available in QBO. We were forced to move from QB desktop to QBO so we could continue to run payroll and a large majority of reports used in desktop are not available in QBO. Job Profitability Summary Report is a must have. When will this be available?

        A
        AL_3001
        New Member
        June 26, 2026

        I HAVE QBOOKS ENTERPRISE DESKTOP - How can I track multiple projects with in one single company as I need to use the same chart of accounts. ?  thank you

        D
        Dandie_AQuickBooks Team
        QuickBooks Team
        June 26, 2026

        In QuickBooks Enterprise Desktop, you can track multiple projects within one company by using the Jobs feature. 

        Here’s how to create a job:
         

        1.  Go to the Customer Center.
        2. Select the single company that represents the overall business.
        3. Click New Customer & Job, then select Add Job.
        4. Enter the job (project) name and other details.
        5. Click OK to save.

         

        When entering transactions (invoices, bills, expenses), assign them to the appropriate Job.

        Each job is linked under the same customer, allowing you to assign income and expenses specifically to that job while using one Chart of Accounts for the whole company.

        For more information, check out this help article: Track job costs in QuickBooks Desktop.

        Please let me know if you have further questions. I'm happy to help!

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