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Thanks for getting back to us, systematicbookke.
I can help share some insights regarding Sub-customers or Projects features for your business within your QuickBooks Online account.
In Projects, there can only one hierarchical level which means it can't have sub-projects. Unlike customers wherein you can have a project or multiple projects. Also, Projects needs you to bill the project with the customer, whereas sub-customers can have a different billing address than the customer.
I've listed below the advantages of utilizing Project:
- There are three defined reports within Projects:
> Project Profitability
> Time cost by employee or vendor
> Unbilled Time and Expenses - You can view all projects in one place
- Drilling into the project gives you more information on the project
- Transaction processing is more efficient
Check out our detailed guide on changing sub-customers into projects.
Feel free to comment down below if you need anything else.