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ricardo7
Level 2
posted
‎May 25, 2020 02:11 PM
last updated ‎May 24, 2020 9:11 PM

Any specialist who can help me to understand how Cost of Sales is calculated and considered by QB? I need a tier 2 specialist to talk and explain the whole scenario

 
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1 Comment 1
Rebecca_A Product Champion
QuickBooks Team
QuickBooks Team
‎May 25, 2020 02:48 PM

Any specialist who can help me to understand how Cost of Sales is calculated and considered by QB? I need a tier 2 specialist to talk and explain the whole scenario

Hi ricardo7, 

 

Thank you so much for reaching out. This article will take you through how QuickBooks uses the First in, First Out method to record Cost of Sales. 

 

If you require any more information please reach out to one of our ProAdvisors or your Accountant as they will be able to give you a more detailed explanation. 

 

-Rebecca 

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