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Buy nowI’m here to share some insights about tracking salaried employee time in QuickBooks Online (QBO), NonprofitSeeker.
I know how beneficial it is to your business to set up an automatic entry for a salaried employee on a project. However, this option is unavailable in QuickBooks Online (QBO). With this said, I'd recommend sending this request straight to our product engineers through feedback. Sharing features and options that you would like implemented is how our engineers look for new product updates. Here's how:
In this case, we'll need to manually enter the hourly cost rate. For your salaried employee, we'll need to enter an hourly rate by dividing their annual wage (including employer taxes) by the number of weeks in a year. Then, divide by the average hours worked per week. Here's how:
once done, add your employees' timesheets to the project. Here's an article you can refer to for more details about tracking hourly labor costs and profitability by the project in QuickBooks Online. You'll want to check for a third-party application that can help you with this one. You can check out the apps that are compatible with QuickBooks at this link: https://quickbooks.intuit.com/app/apps/home/. We can also do it in QBO by following the steps below:
Any questions about integrating the app into your Online account are best handled by the third-party app provider. For more tips and other resources, you may visit our page in managing your business in QuickBooks: QBO Self-help articles.
Leave a comment below if need help with project data and reports. The Community and I will be around to help you. Have a great day ahead.