Hi LMKetchum,

Making sure you understand how the information is entered into your Chart of Accounts is a great way to understand how everything is tracked. I can help explain this for you.

When you see a bill showing in your COGS account this is because the inventory will hit both accounts. You should see the transaction credit the Inventory Asset account and debit the COGS account. To better understand this I suggest getting in touch with your accountant as they are trained in these matters. If you don't have an accountant we have your back. You can go to our find an accountant page to find one in your area.

Hope this helped!