This is absurd that QB's cannot do this, or refuses to update the software so that it can.  I have been a bookkeeper for 33 years, and I have never worked with a program that doesn't job cost accurately.  I don't understand, we pay good money for this system only to have to use "work arounds" on a regular basis.  (i.e., if a vendor offers 2% Net 10, for example, we have to enter Vendor Credit Memos), this is a basic accounting function that QBO's doesn't offer.   What good is an accounting software that doesn't offer basic accounting functions? 

We have subs that work on multiple projects and they invoice us weekly on one invoice.  You are saying that I have to take that invoice and make multiple bills so that your software will allocate the funds appropriately?   Again, that's absurd. 

With that being said, I am going to seriously consider moving to a competitor that now has their accounting software available online.  Will it be a pain, maybe, but at least they offer basic functions.