Hi there, @mdgreenlight.
Yes, you can see that in the “Physical Inventory Worksheet Report” in QuickBooks Online. I’d be glad to show you the steps on how to customize your report.
Here’s how:
Log in your credentials in QuickBooks Online.
Go to the Hamburger icon ad select Reports tab on the left pane.
Type in the search box, “Physical Inventory Worksheet Report”.
Click the Customize button.
Under the Rows/Columns tick the boxes of Cost, Price, Income Account and anything you need to see on your report.
Click Run report.
The Cost of your item you can see on this report is the amount when you purchased it. The Price that is mentioned in this report is the amount you use to sell it.
Also, for future reference, I can see this article to be handy to know about the impacts of inventory tracking on balance sheet and profit & loss reports.
Please click Reply if you need further assistance with your inventory report. I’ll be around to help. Have a great week.
