Hello, I hope you are doing well. I want to ask you why COGS is not showing in my profit and loss statement. I have also added the cost in my product services.

We can perform some troubleshooting steps to ensure that your Cost of Good Sold (COGS) shows when running the Profit and Loss (P&L) report, @assiduousdistrib.

To ensure that COGS reflects correctly in your P&L report, please ensure to select the COGS account in the Purchasing information under the Expense account when setting up your Products & services.

If everything's good but is still not displaying, we can troubleshoot this by accessing your account through your browser's incognito mode. This will help us determine if an outdated cache in your browser is causing the issue. Please use the appropriate keyboard shortcuts based on the type of browser you are using.

• Google Chrome: Ctrl + Shift + N
• Mozilla Firefox and Microsoft Edge: Ctrl + Shift + P
• Safari: Command + Shift + N

If this fixes the issue, proceed to clear the browser's cache his process will help the program run optimally. Additionally, I recommend using other supported browsers to ensure everything works as expected.

Moreover, you can also generate other reports to track inventory and customise these reports to get the most out of your financial records.

Furthermore, you can check out this article to understand the concept used by QuickBooks Online (QBO) for businesses that track inventory: What is FIFO and how is it used for inventory cost accounting?

I'm only a few clicks away if you have further questions about reports and inventory management in QBO. I'll be here to help. Keep safe.