Hello there, @alyvictoria.
The cost is the total price associated with the purchase of an asset. The original cost of an asset takes into consideration all of the items that can be attributed to its purchase and putting the asset to use.
It includes the money involved in purchasing assets and putting them to use for their purposes. Original cost is also known as an asset's cost basis for tax purposes.
You can run an expense report to track what you've spent in QBO. You might also want to customize these reports to get awesome insights into your financial accounts.
Please know that you can always get back to us if you have other questions. I'm always here to help.
