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Good question, abhinandan.
I'm here to give options on how you can add an existing bills to an individual projects in QuickBooks Online (QBO).
You can either assign a customer name to the line item of your existing bills or make it billable to the project.
Just in case you want to learn about Project Profitability, you can check out this article: Quick Update: Project Profitability.
You might also want to visit our QuickBooks Online learning guides for tutorials and webinars about the product.
Drop me a reply if you have other questions managing bills on projects. I'll be here to assist.