QB Issue Resolution:

We figured out a hack for this problem, and I wanted to share it in case anyone has had similar issues.

We mocked up a fake invoice that included each of the products that the QB P&L was falsely reporting at $0 COGS. We “sold” one of each of these items, activating the new COGS, which updated ALL of data in the P&L. Then we deleted the test invoice, but the corrected cost data remained.

Resolution for Issue 'Is there delay on COGS calcs after changing item cost? My P&L isn’t reflecting changes I’ve made to item costs immediately, but seems to be getting “closer” over time.' available: Yes (Solved).
Source: Intuit Community forum.

Is there delay on COGS calcs after changing item cost? My P&L isn’t reflecting changes I’ve made to item costs immediately, but seems to be getting “closer” over time.: 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 activating the new COGS
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Error Recovery for activating the new COGS [Canada]
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