Thanks for checking in with us, Chia Wei.
For Question 1, we don't recommend recording the investor sales under the cost price of said goods. In this case, I'd suggest consulting your accountant on how to properly handle this one in QuickBooks Online (QBO). If you are referring to Price levels, this feature is unavailable. The workaround is to create multiple versions of the item in your products and services list to reflect the different prices you want to charge. The same goes with recording a product's SKU, we'll need to add them manually per product's SKU. Here's how:
- Go to Sales, then Products and Services.
- Click New or Add a product or service. Then select Inventory.
- Add a Name, SKU, or category for what you're tracking. The categories let you group your products and services together so they’re easier to find.
Here are a few articles that go over inventory in QuickBooks Online.
Feel free to visit our QuickBooks Article page for more insights about managing your business on your account.
I'm just one post away if you need a hand with modifying reports or any QuickBooks related. Just add the details to your reply and I'll be there to address them for you. You have a good one.
