Stock control in Quickbooks online

Hi there, RAY15. Let's work together to determine why the Cost of Sales shows £10.70 + VAT instead of 2.30 + VAT.

First, let's run the Product/Service List report to ensure the correct sales and purchase price are added to the stock. Here's how:

1. Go to the Reports menu.
2. Type in Product/Service List in the Search field, then click the report.
3. Locate the item and review whether the set prices are correct.

If so, let's run the Stock Valuation Detail report and drill down the report's result to determine why it is showing an incorrect amount. To do this, I recommend clicking the amount until you'll be routed to the Invoice page. From there, review if the transaction is recorded correctly.

If the Cost of Sales still shows £10.70 + VAT after reviewing everything and ensuring the stock and invoices are tracked accurately in the program, I recommend contacting our QuickBooks Support Team. They have tools to access your account securely and investigate what's causing the incorrect amount in the report. They can also provide any troubleshooting to fix this and prevent it from happening again.

Here's the step-by-step process to get a representative:

1. Click this link: https://intuit.me/CU.
2. Select the product you're using and the edition.
3. Enter a summary of your concern in the What's your question? field.
4. Click Continue.
5. Choose how you would like to connect with us.

You can also contact our support team inside the QuickBooks program. For the detailed steps, please check this article: QuickBooks Support.

Additionally, I've included a few articles you can use to track the status of the sales transactions and edit them within the program:

• Use reports to see your sales and stock status
• View sales transactions

Please know that you can always get back to this thread if you have other questions or concerns about managing your stocks and sales transactions. I'll be around to provide the information you need.

Still no answer.