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adam-stocktonplu
Level 1

Can someone tell me how to change all of my "cost of goods sold" transactions to "sales"?

 
3 Comments 3
adam-stocktonplu
Level 1

Can someone tell me how to change all of my "cost of goods sold" transactions to "sales"?

P.S. This is for Quickbooks Online, not QB Self Employed

 

Fiat Lux - ASIA
Level 15

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).

https:// transactionpro.grsm.io/qbo

 

AlexV
QuickBooks Team

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.

 

If you need more info, please check these links:

You'll want to reach out to your accountant so they can further assist you in handling your COGS.

 

I'll be here if you need anything else. Stay safe and healthy!

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