Let me share some information about Cost of Goods Sold, info.
When you sell inventory items on invoices or sales receipts your Cost of Goods Sold (COGS) will automatically affected or matched.
You can run the Journal Report for the invoice/sales receipt. From here, you'll see the Sales/Accounts Receivable transaction and Inventory/COGS transactions. Here's how to run the report:
You can refer to this article for more information about the impact of inventory tracking on balance sheet and profit & loss reports.
I'm always here if you have additional questions about COGS
tracking or other concerns, by leaving a comment below. Take care and have a wonderful day.