I've got the needed details on how you can allocate payment received to a specific project, @sanele-magnacorp.

If you have already added a transaction to your project, we can receive payments directly. If not, create first an entry within projects. 

Here's how:

1. Select the Projects menu.
2. Choose your project.
3. Click the Add to project to create a new record.
4. Select Invoice, Receive Payment, Expense, Quote, Purchase order, Time, or Bill.
   
   
5. Fill out details for the transaction.
6. Lastly, select Save and close.

Then allocate the funds to the project. See the screenshot below: 

You can also review this article to set up and manage projects in QuickBooks: Create Projects. It also includes info on how to add an existing timesheet to a project.

Keep me posted if you have other questions about handling your projects in QuickBooks. I'll be happy to help you again. Have a great day!