Ways to rectify incorrect COGS in QuickBooks Desktop

Incorrect COGS error in QuickBooks is related to the Profit and Loss report and involves aberrations in the calculation of the costing of the goods sold. This article aims to rectify QuickBooks Incorrect COGS issue by addressing each and every cause instigating this accounting error. So make sure that you stick around till the end. The different aspects covered by this article encompass the various contributory causes behind Incorrect COGS, followed by relevant and effectual solutions to get rid of incorrect COGS in QuickBooks desktop.

After going through the various contributory causes leading to incorrect COGS, it is now the right time to proceed ahead with the implementation of various steps for resolving this issue.

1st Solution: Check the Cost of Item Sold

2nd Solution: Rectify the Cost of Goods Sold

3rd Solution: Deletion of any Adjustments

4th Solution: Double-check deleted Transactions

5th Solution: Bulk items should not be Sold Individually