Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Get 50% OFF QuickBooks for 3 months*
Buy nowI purchased non-inventory items that I sell to customers. I sold some that are recorded to my income account but the entire purchase is showing up in my COGS on the Profit/Loss Statement.
I set up the non-inventory item with a income account and my expense account is Cost of Goods Sold. I don't understand why the whole purchase price is showing on the Profit/Loss Statement instead of just what I sold.