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Hello there, systematicbookke.
There are many pros when using Projects in QuickBooks Online. Here are some that I can think of:
- You can centralize the projects.
- You can add transaction directly in the Project Center.
- Add notes for projects.
- There are profitability reports related to projects.
- You can track income and expenses.
I can only think of a con when using projects in QuickBooks Online. Projects is not yet available in the QBO mobile app. You can use this link for reference: Compare mobile app features.
Here are some links that I can share about projects in QBO:
- Set up and create projects in QuickBooks Online
- Introducing QuickBooks Projects - An Easy Way to Track Your Projects
- Gain better insights into your finances with Projects
Other users might be able to share thoughts about the projects.
Feel free to let us know if you need anything else.