Costs not showing up

Are you talking about "cost" or "average cost"?

What reports are you seeing/not seeing it on?

"Cost" in the item window will pull through to purchase orders and some reports.

"Average Cost" can be found in bottom section of item window and that is based off of purchases made over lifetime of item.

Both, actually! But, mostly looking at the "cost"....

I need to print a daily "Sales by item summary report" and each time, some of the items have a cost of $0.00....When I go to the individual item to edit, it shows the cost there.... So why is it not showing up on the report? Each item was input exactly the same way....and some costs appear, but others don't....

Can you help?  Thanks! :)

What is the purpose of wanting to see "cost"?  What is the goal or end report you want to see?

Have you tried looking at the Inventory Valuation Summary Report?

My boss needs to see how much he's "invested" in his inventory.... the Inventory Valuation Summary Report is not what he wants... The "Sales by Item summary report" is the closest thing he & I can find that fits his needs...

The balance sheet shows the total of inventory

I think we have the same problem.  On the Item Summary report, the extended cost shows up on some of the items but not all and then the Margin % is wrong.  But when you look at the item, the cost and price look correct.  The cost  and price looks the same for all entries but the extended cost and margin % does not.  Have I entered something the wrong way?

I have the same problem and I am not sure if this happened I upgraded to version 7.0.  I changed the pricing/cost and when I go print out the item summary at the end of the day. Most of my costs are at 0 although when I check under the items for that item, the costs are listed.

It is frustrating because I would like to see the correct profit margin.  Instead of questioning why we need it... Is there someone who has an answer to our dilemna?  Please help...

Did you add items to your list without purchasing initially?  If so, at the time of entry if a quantity and cost are not entered, average cost will not calculate.  When adding items in this way the system default is to send it to an "Open Balance Equity" account.  

The "cost" field in the edit item window is only for your viewable reference and is what is pulled over onto purchase orders.  The price field is what your enter for your selling price and is what is pulled over to sales orders and invoices.

QB follows your "average cost" via all purchases made over the lifetime of the item Right click on an item in question and select "quick report".  Change your dates to ALL.  Study all transactions associated with the item.  Are there any "bills" listed?  If there are not any bills listed then the system thinks nothing has been purchased.

If there are bills listed, then make sure you used the "item" tab and not the "expense" tab.

Pricing can be changed at any time during your course of business dependent upon your policies/practices.  Costs should only be updated at the time of next purchase(s) or if you've improved your inventory in some way with additional costs (i.e, inbound shipping, other vendor improvements made to item after original purchase).