I have a rental property company set up on QBPro. Acquired property that needs remodeling before being made available is set up as inventory with Construction Materials, Contractors, etc., subaccounts. When I did a profit and loss statement it put the returns into COGS! What is happening here and how do I get that out of there?
COGS?
Jan 08, 2012
1 Replies
Forgot to mention also that the value for the items do NOT match the entries. 62.02 is listed as 9.75, 46.94 as 6.87, and 62.51 as 11.75. Why are the values changing?
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