kim-z
Level 2

Reports and accounting

Hi Catherine,

 

Thank you for clarification. I test it myself and the result is as you said.

Anyway, I've further question below.

 

With the FIFO, It seem like COGS can be changed.

Ex. An invoice was completed and incentive was calculated base on the cost.

Later, with some action it make the COGS change.

 

I would expect that when the invoice was completed, the cost was locked and the COGS should not be changed. Is there any suggestion or work around?

Or Is there a reason why QB work this way?

 

Regards,

Kim