Hello info-embroideryh,
The feature to be able to enter the cost details of an item is only available in QuickBooks Online Plus and Advanced plans. You might want to upgrade your subscription to get the feature.
After upgrading your subscription, you can enter the cost details under the Purchasing information.
- Click the Gear icon in the upper-right corner and select Products and Services.
- Click the New button and select the item type you want to create.
If you have an existing item, click Edit.
- Under the Purchasing information section, mark the I purchase this product/service from a vendor box.
- Enter the Cost and the Expense account.
- Click Save and close.
You can also use these articles for reference about the items:
We'll get back to you if you require additional assistance in editing your product or service items. Have a great day!