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December 8, 2022
Question

reports - sales by products/services summary

  • December 8, 2022
  • 3 replies
  • 32 views

I was running my sales by products/services summary report and two of my products are not showing on the cost of goods sold

 

3 replies

Level 5
December 8, 2022

Hi there, @jjsirrah.

 

I'm here to help you show sales items in the Cost of Goods Sold account in QuickBooks Online (QBO).

Generally, the bill (expense) will show in the Cost of Goods Sold account if you've selected COGS as the account for that particular non-inventory item. We can run the Report option to view a report of transactions involving the COGS account.

 

Additionally, please make sure to clear all the filters and select the appropriate report basis or accounting method. It could be that a certain filter was applied to the report that's why the bill isn't showing.

 

Here's how to do it:

 

  1. Go ahead and sign in to your account, then hover over the Sales tab.



     
  2. Choose the Product and Services option.


     
  3. Find the item in the list and click Edit.


     
  4. Check the expense account if the item is under Cogs of Goods Sold. Change it if needed.


     

If you need to, you can adjust the quantity and recreate the inventory item. Please check these articles for more details:
 

 

Also, these two additional links will help you how to properly track inventory items in QuickBooks Online:
 


I'm just a post away if you need a hand with customizing reports. Feel free to leave a message in the comment section. Keep safe, and have a good day!

jjsirrahAuthor
December 9, 2022

Thank you so much DebSheenD for that but I did and even change the expense account to Merchandise but still having the same, I am now thinking of deleting the whole transaction and re-create it again. I appreciate it