Inventory and costs of goods sold
US QuickBooks Enterprise Solutions : 11.0: Manufacturing and Wholesale
What happens with inventory and cost of goods sold when you invoice for something that is not in inventory?
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c0LU-Ac0yr4yUOacwZ5xHE
11/09/11 6:50pm PST
Viewed by asker 11/13/11 5:34am PST
Viewed by asker 11/13/11 5:34am PST
1 Reply
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The solution
your inventory goes negative and the COGS is based on the average COGS to that point. when you purchase the goods again, the inventory is replenished.
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