QB Issue Resolution:
No, QBO is FIFO only
FIFO is average cost per purchase
desktop uses average cost
Resolution for Issue 'Does any version of QB online allow average method of inventory tracking (COGS)?' available: Yes (Solved).
Source: Intuit Community forum.
Does any version of QB online allow average method of inventory tracking (COGS)?: 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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Error Recovery for average cost [Canada]
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