Hi, just created a new company on QB and I don't have the option for projects and yet on other company I do. Any idea why. TIA

Hi there, @ELM tree. I'm here to help you create projects in QuickBooks Online (QBO).

To start, may I know the QBO version you're using? You can only create projects if you've subscribed to QBO Plus or Advanced and if you have a QBO for Accountant account. To verify, go to the Billing & Subscription page. 

If verified that you use the correct version, let's check if the feature is turned off. Then, turn it on to proceed in creating a project. Refer to the steps below:

1. Navigate to the Settings menu and select Accounts and Settings.
2. Next, select the Advanced tab.
3. Then, look for the Projects section and select Edit to expand it
4. Click the switch to turn on Organise all job-related activity in one place.
5. Select Save and then click Done.

For reference, please check this article: Set up and create projects in QuickBooks Online and Accountant. 

If you're using QBO Simple Start or Essentials the option to create a project is unavailable. You may want to upgrade your subscription to have this option. 

I also attached, this helpful link to further know the features available for each QBO subscription: QuickBooks Online Plans & Pricing.

Once you've created one, you can read this article to help you set up, track and view your hourly labour costs.

I'm always here ready to lend a hand if you have any other concerns creating projects in QuickBooks. Have a good one and stay safe.