Account Type Changes for Profit and Loss Statement

Hi there, Leslie7.

I'm here to provide some insight about changing the Account Type of Cost of Goods Sold.

At this time, the option to change account type for this account is not available. Cost of Goods Sold is one of the default accounts created by QuickBooks the moment you'll create an inventory item.

I can see how having this option would make it easier for you, and others, to get a better look at the details on your Profit and Loss report. Rest assured, I'm going to submit a feature request from my side, which is sent to the Product Development Team. They're constantly looking for great ideas from users, like yourself, when deciding how to enhance QuickBooks.

Please let me know what else I can do to help you today. Thanks for coming to the Community, wishing you continued success in all that you do.