Anonymous
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Other questions

Hi there, @RKN,

 

Thanks for getting in touch with us today. I can share some information about the Transaction Journal report.

 

The Transaction Journal displays the information for the current transaction you open including the accounts affected by assembly. The entries displayed on the report determines the posting of the transaction for auditing and report purposes.

 

At the moment, QuickBooks uses the weighted average cost to determine the value of your inventory and the amount debited to COGS when you sell your inventory. Since we're unable to customize the report to add a column for your Cost, you're able to view the average cost hitting the COGS account. Please see illustration:

 

inv.PNGinv 1.PNG

 

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Please let me know if you have any other questions. I'll be happy to answer for you. have a good one.