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Currently, the option to run a profit report for all of your projects is unavailable. However, I have some workaround which you might find helpful. You can use the project summary page to view all your project's profits.
Here's how:
Learn more about the project feature at these guides.
Additionally, feel free to browse this link if you need help with other tasks in QBO. It contains general topics with articles. Just browse for the topics that suit your concern.
Keep me posted if you still have questions or concerns with reports. I'm always here for you. Take care and have a great day ahead.