QB Issue Resolution:

The few items with a messed up cost were located, and then corrected.

Then only after it is fixed, go into the first Invoice with the item on it, remove it, and save the order, then add the item back and re-save the order.

 

The costs are re-calced and the problem solved.

 

Ta-Daaaa, just like magic.

 

And no, the client is not the US Government, so there is no long term GAAP paradox.  Smiley Happy

 

Resolution for Issue 'Correct Average Cost' available: Yes (Solved).
Source: Intuit Community forum.

Correct Average Cost: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

Support for average cost
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