Cost of goods sold

Hi there krishna1015,

It's vital for all your inventory totals to be accurate so that your books can be well balanced. QuickBooks Online is a great tool able to help you keep track of sales and expenses so you can see the profit of your company. I can point you in the right direction for assistance with your inventory and the cost of goods sold.

In order to make sure your transactions for this product are entered properly in your books, I recommend reaching out to your accountant. They'll be able to view your transactions relating to the product in question in order to assist you in getting it to show correctly in your books. You can invite your accountant to your QuickBooks account by going to the My Accountant tab. There's also a button in that section titled Find a pro to help, where you can find an accountant that has experience using QuickBooks.

If you have any other questions, feel free to reach out here.