What QuickBooks function allows for tracking project costs?

The function in QuickBooks that allows for tracking project costs is Projects. In QuickBooks, the Projects feature is specifically designed to help users manage their projects by providing tools to record and analyze costs associated with them. This feature allows for detailed tracking, including labor, materials, and other expenses, giving users a clear overview of how much a project is costing in real-time.

With Projects, users can assign expenses directly to specific projects, which facilitates better budgeting and forecasting. It allows business owners to see profitability per project, helping them make informed decisions about resource allocation and pricing strategies. This level of tracking is particularly important for businesses that work on multiple projects simultaneously and need to maintain financial control over each one.

In comparison, while Jobs can relate closely to tracking costs in some contexts, they are typically used more in service-based businesses and may not provide the same level of project-specific tracking as the Projects feature. Tasks and Activities do not encompass the comprehensive project cost tracking that the Projects function does, as they are more about individual responsibilities or actions rather than the financial aspects of a project as a whole.