balance sheet detail

It’s nice to see you in the Community, Zubairuddin Mohammed.

The Sales of Product Income and Cost of Sales are categories selected to track the item. The former is used in the Income account while the latter is for the Expense account.

Let’s click the amount of the transaction to check the item. Then, go to the Product/Service information window to verify the information. I can help and guide you on how to do this in your company.

1. On the Balance Sheet Detail, click on the amount of the transaction you’re working on.
2. This will open the transaction details and check the product.
3. Next, go to the Gear icon at the top to select Products and services.
4. Another page will open that displays all the items added to the company.
5. From there, find the product and press the Edit link under the Action column.
6. In the Product/Service information window, scroll down to the Income account or Expense account section to check the setup.

I’m adding an article that provides an overview of how to track a product or service. It also contains information about the Income and Expense accounts setup: Add product and service items to QuickBooks Online.

In case you want to update the item type, the following article will guide you through the process: Change product and service item types.

Stay in touch if you have any clarifications or need further assistance with any of these steps. I’m only a few clicks away for help. Enjoy your day.

I'm back to make sure everything is clear for you, Zubairuddin Mohammed.

Have you tried checking the account linked to the item using the steps I shared? Don’t hesitate to post a comment below if you have any clarifications or questions about QuickBooks. I’ll be around to answer them for you.

Thanks for visiting the Community. Wishing you and your business continued success.