Hi guys,

I'm getting back to this issue, as I suppose I have the same problem. When I issue a report "Sales by Product/Service Summary Report", I see different amount in COGS field then when I issue P&L for the same time period. I went through one exemplary item and found out, that Cost of Goods Sold Account includes also purchases of this item (But not all of them) and the amount of the purchases is matching the difference. I can see that the item is on COGS account in Transaction journal of Sales invoice and also Purchase invoice (Bill) - Both on Debit side (But again - Not valid for every purchase invoice).

Setting of the item is following:

Inventory asset account = Inventory Asset

Income account = Product Sales

Expense account = Cost of Goods Sold

Can you, please, help me?

Thank you!

Monika