Are you facing difficulty in creating a proper financial report and tax report? Don’t worry, QuickBooks Online convert sub customer to project, allowing you to get help in enhancing your business production process. It will help you to get a perfect profit or loss margin in a business. The project will help you get a proper idea about the company.
In this blog, you will get a proper idea about how to QuickBooks Online convert sub customer to project and how it enhance your business production to get success in your gooal.
What is QuickBooks Online?
QuickBooks Online is a powerful software. It is an online software that helps to collect all the details about a business from different sites. It has an automatic feature that can automatically collect the details and store them in the sheet to create a proper financial record. Its automatic process saves the time of the accountant in charge by reducing the human error that was faced while entering the details manually. The owner and employee can access the important document or file from anywhere in the world. New data will automatically get updated in the report that helps in creating a proper tax report for the business.
What is a Sub Customer in QBO?
A sub customer is actually an account that is linked to the main account to collect all transaction details and track the project progress of a single person. It can help in controlling different projects under one person’s account. If the customer wants, then it creates a sub-customer at each location. The project will properly guide you to have a proper report about the business’s financial condition and the steps to be taken to control the useless waste of money.
What is Convert Sub Customer to Project in QuickBooks Online?
QuickBooks Online convert sub customer to project, meaning that it changes the old location finder to a new device, which could make a different space to keep the income details, money used, and the transactions that are made to buy goods for business. In the new system, all details will show in a single dashboard. After the change, all the transaction data that are present in the old system moves to the new application.
- Provide Space: The project provides a proper space to store employee income, money used, working hours, or other costs, which helps to have a proper visualization of the financial condition.
- Information Availability: All the details required to complete the project are available at a single position, which makes it easy to see and edit the work report.
- Properly Record: The project will help you keep all your records in a proper order so that they can be used easily.
- Transaction Details: It will help you collect basic details of transactions like time, amount, receiver name, or bill in a specific order.
Benefits of QuickBooks Online Convert Sub Customer to Project
QuickBooks Online Convert Sub Customer to Project, create a dashboard that contains all the necessary details in a perfect order, which can be used to know the profit or loss situation in the business.
- Report Creation: It helps to get an instant report, like employee working time, business profit or loss, supplier details, billing time, and amount.
- Money Used: You can get full details about how much money should be given to an employee according to the working time.
- Proper Transaction Record: Project can help to enhance the data collection of income, money used, and other payments for proper work done to complete a project.
- Continuous Update: It will automatically enter the new income or use of money in the project, which helps the owner to know the customer demand in the market.
- Enhance Accounting Process: It enhances the accounting process and creates a more proper financial report about the business over a period.
Procedure to Convert Sub Customer to Project in QuickBooks Online
QuickBooks Online helps businesses collect data and use it in the accounting process to get a proper visualization of the company. If QuickBooks online convert sub customer to project, then it will enhance all the features of the QBO accounting process to get better results. Some more benefits of these:
- QBO Account: Log in to your QBO account.
- Project Tab: In the QBO home screen, search for the Project Tab option and click on it.
- New Project: Scroll down and click on the New Project Option
- Convert Option: In the screen, search for the operation Convert from Sub Customer and click on it.
- Select Sub Customer: Now you have one among the sub customers you want to convert.
- Convert Button: After choosing, click on the Convert button.
- Confirmation: Finally, check properly and press the confirm button.
Solve Common Issue of Convert Sub Customer to Project in QuickBooks Online
The QuickBooks Online convert sub customer to project not working issue can be solved with these simple steps:
- Project: You are facing a problem in converting a sub-customer into a project. To solve this error, you have to check your settings and switch ON the Project Feature to continue the process.
- Browser Stop or Glitch: Suddenly, the browser freezes or stops during the conversion of a sub customer to project in QuickBooks Online. To solve this, you should use a supported system, or you can also do this in the incognito mode of the browser.
- Internet Error: Sometimes the QBO converts a sub customer to project that fails due to a bad internet connection. To solve this type of error, you have to start the procedure with a stable internet connection.
- Transaction Record: Sometimes, the automatic collection of transactions cannot be done due to a network error.
Conclusion
QuickBooks Online convert sub customer to project is really beneficial for the business in creating proper tax and financial reports. Using the project technique, the owner can know what steps should be taken to minimize the useless money transaction as well as enhance the business production.