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E
E_emakarova
October 4, 2022
Question

How do include hourly time costs in the project profitability report?

  • October 4, 2022
  • 1 reply
  • 5 views

Hello community!

Please assist with how do include hourly time costs in the project profitability report.

Thank you!

1 reply

T
Trish_TQuickBooks Team
QuickBooks Team
October 4, 2022

Hi E_emakarova,

 

It's a pleasure to see you in Community.  Welcome!  QuickBooks Online Projects feature is a great way to track project income, labor expenses, run specific project reports and view your project profitability from the dashboard.  It's important that you're able to include hourly time costs and I'd be happy to assist!

 

Here's how to include the time costs in the Project Profitability report:

 

1. Open Projects from the left menu and open the project you'd like to run the report for

2. Click on Customize 

3. Set the Report period

4. Under Labor costing method click on Hourly cost 

5. Hit Run report

That's it!  For future reference, I've included a couple of helpful guides.

 

Set up and create Projects

Track project income, costs and profitability

Track hourly labor costs and profitability by project

 

Please don't hesitate to reach back out if you have any other questions.  We'd love to help!

 

E
E_emakarovaAuthor
October 5, 2022

Hello! Thank you for your reply. But I checked this way and it doesn't change my report, unfortunately. 
In google I find the next:

  • If you are tracking payroll expenses, you can run a Project profitability report from the Project reports tab to get an itemized view of your project accounts and transactions. This report only uses data from payroll expenses, so if you only track hourly time costs, this report won’t give you accurate information.
    So it's exactly my situation - I have a project where I have hourly time costs and I don't see that amount in my profitability report by project, even though I customized it and choose the Under Labor costing method and clicked on Hourly cost. Please assist!

A
Alex M
Level 5
October 5, 2022

Hi there E_emakarova,

 

Thank you for trying that. For further assistance customizing reports to show project profitability, I recommend reaching out to the QuickBooks Online support team outside of the Community. They'll be able to do some further troubleshooting with you while viewing your screen in a secure setting in order to help you get the info you need in the reports. You can reach them using these steps;

 

Schedule a Callback or start a Chat: click (?)Help in the upper right > type and enter "Contact support" into the QB Assistant > click Contact Us > explain your situation > click Let's Talk > choose Get a callback or Start a Chat.

 

If you have any other questions, feel free to reach out here.

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