Raymond & Quickbooks team,
Well thanks for the answer. I hope you can understand why that's disappointing (having to manually enter it in.) I have multiple vendors and thousands of items. It would be preferable to me to be able to keep my inventory cost (COGS) and retail price (sales price) in quickbooks without having to create an extra table (excel or something) to look up the prices.
Is there any drawback to calling them "inventory items" even though I never take them into inventory? I see that I can have a negative inventory, so (although not optimal) I could sell an item (making the inventory negative) and then generate a PO to my vendor to bring inventory back up to zero.
As you can see, neither way is perfect, and this is why I previously stated that Quickbooks wasn't designed for people like me who use drop-shippers.