I can see the challenges you're facing when tracking the Cost of Good Sold for non-inventory items in QuickBooks Desktop (QBDT), mac999.
Typically, the COGS is only impacted when you sell inventory items on invoices or sales receipts, allowing for accurate tracking of associated costs and gross profits. Consequently, non-inventory items are recorded in your Profit & Loss statement upon purchase or invoicing, provided that the purchase information is properly set up in QuickBooks.
To ensure accurate reporting without the need to create numerous new inventory items, could you please elaborate on how you've set up the non-inventory items where it affects the COGS once a vendor bill is received? We'd appreciate it if you could also add screenshots to get more details on what's happening.
Moreover, you may want to consider seeking advice from your accountant to explore alternative solutions or best practices tailored to your specific business requirements. Their expertise and experience with similar challenges could provide valuable insights and recommendations.
For more details on handling your items in QBDT, you can check out these articles:
Feel free to post a reply if you need anything else or if you have further questions, mac999. We'll get back to you.
