Our last Fiscal year has closed. Why does the Cost of Goods value continue to change? Our report keeps changing.

Hi there, @mccoy.

I can share some information about the closing of books feature in QuickBooks Online.

The possible reason why reports keep changing the COGS value is that there are created transactions within the set close date. As a suggestion, you can try running the Audit Log. This report will let you see who made the changes and exactly what changes were made in your QuickBooks Online company file.

Let me know how it goes or if you have additional questions. The Community is always here to provide answers.

I ran reports of all transactions within the closing date and modified by who.

No transactions were made after the closing date....but the cost of goods value continues to change. 

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@mccoy wrote:

but the cost of goods value continues to change. 

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change compared to what?

I pulled our fiscal year end P&L on Sept 10th and again on Oct. 24th, and again on Nov 16 - the value of the cost of goods was different on each report and thus our profit/loss changed.  This fiscal year ended May 31.  There were no new transactions dated within the fiscal year.