invoice, cost of goods sold, process payment question

[Andrew Sackville-West]

what exactly are you trying to do here? Do you have expense accounts 
created for COGS? are you trying to tie each invoice to the COGS 
associated with it? or are you accruing an inventory asset for COGS and 
trying to debit that asset with each sale?

A



John Griessen wrote:

> Hi,
>
> How do I connect cost of goods sold to an inventory item sold
> on an invoice line?   Choices in creating the invoice seem to be
> income accounts called assets:inventory  and sales:services and then 
> at the end is just the heading Liabilities with no detail and no 
> Expenses which has COGS in it.
>
> Is there a way to add to the choices available in the invoice 
> creation, or is there another way to use COGS?
>
> John Griessen
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