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June 22, 2022
Question

Is QBO misleading us about our profitability?

  • June 22, 2022
  • 1 reply
  • 0 views
Is QBO misleading us about our profitability?  The program that calculates Cost of Goods Sold is not working, resulting in an under charge to profits and an overstatement of balance sheet value.  Do you have this problem, if so for how long?

1 reply

June 22, 2022

Hi there, @michael-greenpeb

My colleague @John C already responded to your post about this. I'd be glad to route you to the response of my colleague in your previous post here in the Community.

 

Feel free to click the link below to see the response of my colleague on your post about profitability.

 

https://quickbooks.intuit.com/learn-support/en-uk/do-more-with-quickbooks/re-does-anyon[…]problems-with-cost-of-goods-sold/01/1103887/highlight/true

 

You can click the REPLY button below if you need assistance performing specific tasks in QuickBooks. I'm more than willing to help you. Stay safe, and have a good one!