QuickBooks Online offers Projects in QBO Plus and QBO Advanced at no additional charge. So what is QBO Projects? QBO Projects is a convenient tool that allows to track profitablity for just about any project! You can add project income, expenses, and labor expenses, add old transactions to new projects, and run project-specific reports from a single dashboard. Quickbooks introduced Projects in 2017. They are always imrproving and I am confident this will be a intricate part of your business.