cost of goods sold issues with the amount

Thank you for your input. But you mean, is it normal to have in the report for COGS that some of the bill transactions have amount $$ and some does not have? Since you mentioned that PO transactions usually don't include COGS does it means that it was from Invoices we sell and the report from my P&L still accurate giving the situation I mentioned earlier? Do you have any suggestion if I need to correct this issue?

RE: But you mean, is it normal to have in the report for COGS that some of the bill transactions have amount $$ and some does not have?

Yes, as described in my previous post.

RE: Since you mentioned that PO transactions usually don't include COGS

Not sure what you mean. PO's, Purchase Orders, never include COGS. They aren't posting transactions.

RE: Do you have any suggestion if I need to correct this issue?

There isn't an issue, as far as I can tell. There's nothing to fix.

Thank you again for the clarification. But I have another question in regards to credit memo for Purchase orders. When our vendors gave us credit memo but it is not the whole amount of the PO's we ordered. How do we mark the credit memo for PO's? How about the difference on the amount should we record that too? 

Hi,

Thank you again for your clarification. But I have another questions regarding credit memo on Purchase orders.

Everyday we received a credit memo for PO's from our vendors. But the credit memo amount they issued is not the whole amount it's always less from the original cost of the item. How do we mark this on QB in proper way and how about the difference in the amount should we also be recording that too?

Hi there, @Navid1.

Can you clarify what these credit memo are for? Are you trying to record returns to vendors or refunds from them? 

I'd appreciate it if you could provide additional info. Looking forward to your response.

Hi LieraMarie_A,

This is a refund from vendors. Our vendors issued a credit memo on PO's ordered returns. But they refunded us less the total amount of the purchase order bill. What I did when we received credit memo from our vendor we go to Bill and select the credit and put the item, description and the quantity only (to put the item back to inventory) but I am not putting the amount. I am not sure how to mark/or record the amount which this is not going to balance. I know that COGS is nothing to do with this but if I put the amount what account is this going to? Inventory Assets? Accounts Payable? If you can help me on this. Thank you.