I'm glad to see you in this thread, San.
There are different ways to record labor payments for your workers in QuickBooks Online (QBO). Allow me to share this with you.
Before anything else, I'd like to know if you're workers are added as regular employees or contractors.
If they're regular employee, you can add them as employees in the Payroll tab and create a project weekly timesheet or single time activities for the work they performed for Rain Harvesting Pit.
Here's how:
- Click the + New button.
- Under Employees, select Weekly Timesheet.
- Pick the name of the employee and period.
- Choose the correct project, pay item and service.
- Enter the number of hours worked and tick the Billable checkbox as needed.
- Complete the rest of the fields.
- Select Save and close.
To show the labor cost on the invoice, create the transaction as you would normally do and then add the time entries in the Suggestions tab. Additionally, make sure to tick the Service date and Product/service options from the Customization tab.
After that, use the timesheet you've recorded when it's time to pay your workers. The hours will automatically populate once you select the appropriate pay period.
On the other hand, if they're set up as contractors, you can pay them via direct deposit or paper check.
To help track your hourly labor costs, job income, and payroll expenses, check out this article: Track profitability by project.
You might also want to learn the distinction between expense, check, and bill. Check out this article: Learn the difference between bills, checks, and expenses in QuickBooks Online.
Finally, you can read this article to help you see the performance of your business: Run reports in QuickBooks Online.
Let me know if additional questions or if you're referring to something else about labor payments by replying to this post. We'll be one post away. Take care, and have a good one.
