I'm glad to hear that information was helpful, Korri. What you describe in the first paragraph is exactly what the inventory system in QuickBooks will do. When you enter an expense transaction that contains items, those will be added to the inventory. When you create sales transactions for items you're selling, the inventory will decrease and hit the COGS account.
Keep me posted with how things go. I'll keep an eye out for further messages from you. :)
