Greetings Jan!

You’re right that the “Project Profitability Summary” report is part of the standard report library in QuickBooks Online, but it only appears in company files that actually have at least one active project with transactions linked to it.

Even though you’ve turned on Projects in Account and Settings, your accountant (demo) company may not have any real project data yet. Until you create a project and tag at least one income and one expense transaction to it, the report won’t show up in your list.

Try this quick test:

• Create a sample project.
• Add an invoice or expense to that project.
• Go back to the Reports tab and search “Project Profitability Summary.”
• It should appear after that.

You’re also correct that you can’t delete standard reports from QuickBooks, so nothing’s missing permanently — it just becomes visible once project data exists in that company file.

– Regina Pitts, Advanced Certified QuickBooks Online ProAdvisor