COGS as the Expense Account in a Non-Inventory Product
When did Quickbooks disable the ability to assign a new non-inventory product's expense account to a COGS account? Up until today, I've never had an issue with this, and have 100+ products (all categorized as "non-inventory") linked to a COGS expense account. However, upon adding a new non-inventory product today, I can assign and save the product with the expense account linked to COGS, but it is re-defaulting to "Purchases" after I click "save."
I know that you typically would not associate COGS with a product unless it is a formal inventory item, but I work for a super small company, and the COGS tax considerations are not relevant in this case (our CPA knows the purpose behind the use of the account and categorizes it properly). We are a reseller and all items are shipped directly to the end user, so we classify these products as non-inventory for that reason.