Hi there, chris.
I'll share some information on why Cost of Goods Sold (COGS) doesn't show on the Sales by item report but appears in Profit and Loss.
COGS only shows in the Sales by item report if the sale has been paid. On the other hand, COGS appear in the Profit and Loss report since it's considered a cost of running the business. It is then deducted from the company's revenue to determine the business's gross profits.
Moreover, I've included these articles to help you on how to personalize the appearance and content of your financial data and moving them outside the program:
You can visit us again if you have additional questions about pulling up your reports in QuickBooks. I'll be more than happy to assist you. Take care and have a good one!
