anyone know if the COGS on an invoice can be count...
# accounting
n
anyone know if the COGS on an invoice can be counted as a cost towards a project? it seems to appear but then get reversed (job costing)
k
if you are using the advanced project profitability reports - you need to pull out the inventory accounts (it hits both inventory and COGS - and therefore zeroes itself out) not sure why NS hasn't fixed this yet.
n
yeah I noticed that.. its weird
I found a workaround -> if you create a PO with the line as "billable" the invoice COGS works fine.. and then you can just close the PO
k
or you can update the profitability report to exclude the inventory line....