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#1
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Items List
In my item list, I have my cost assigned to cost of goods sold, but when I run reports, none of the cost associated with these goods is included. Only the income from the sales!
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#2
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If you run the P&L, are you seeing the cost in COGS?
__________________
Joe Williams joewilliams@wavelinx.net Piedmont, Ok |
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#3
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Thank you for your reply.
No, the only thing in the P & L report is income. No expenses appear. |
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#4
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Send a screen shot of how you have the item set up. Make sure that the COGS account you assigned to the item is actually set up as a COGS account in your chart of accounts. What typically happens is when people choose their COGS account in the item set up, they choose their inventory account.
Send a screen shot of the item and we will be able to figure it out.
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~Deidre~ Senior Accountant Quickbooks Proadvisor |
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#5
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Along with the screen shot, what type of item are you using for the Sale and Purchase?
__________________
Joe Williams joewilliams@wavelinx.net Piedmont, Ok |
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