Can someone tell me how to change all of my "cost of goods sold" transactions to "sales"?
You may utilize a migration tool. Export your expense transactions, delete them, and import them as income (i.e sales receipts or payment receive against invoice).
Can someone tell me how to change all of my "cost of goods sold" transactions to "sales"?
Hi adam-stocktonplu,
Let me share some details about this type of account.
The Cost of Goods Sold (COGS) account shows the value or cost of the products you sell. It increases by the amount you paid for that item when you purchased it. This helps to determine how much you spent to produce the sold goods or services.