Vat amount is not showing in projects cost of sales

There's a thing we need to consider for the VAT amount to reflect in the Project cost of sales in QuickBooks Online (QBO).

We'll need to ensure the transaction added to the Project has a VAT amount. We can review them by going to the Projects page. Then, find the project linked to the transactions. From there, let's ensure there's a VAT amount on the transactions. If not, then we'll need to edit them individually to enter the VAT amount.

Once done, let's add the transactions to the Project again. Here's how:

1. Go to Projects (Take me there).
2. Find and select the project you want to add a transaction to.
3. From the Add to project ▼ dropdown, choose the type of transaction you want to add.
4. Enter the details for the transaction as you normally would.
5. Press Save and close.

You can check out this article for the steps and details: Create and manage projects in QuickBooks Online and Accountant.

Once done, run the Project Profitability report to see the total income and expenses recorded under a single project. Here's how: 

1. Go to your Projects menu and choose a project.
2. Click the Project Reports tab.
3. Select the Project profitability report.
4. Click the Customise button.
5. Expand the Filters section.
6. Check the Customer box, then select the projects.
7. Press Run report.

Moreover, refer to this article to add your projects to your customer invoice: Add existing invoices to projects in QuickBooks Online.

You can count on us if you have more questions about your projects or any other features in QuickBooks. Let us know by adding a comment below. You have a good one.