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, […]

Resolution for 'activating the new COGS 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.

The activating the new COGS 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 activating the new COGS issue yourself by looking for a resolution described in the article. If it is a complex activating the new COGS issue or you are unable to solve the issue, you may contact us by clicking here or by using other activating the new COGS support options.

For more information about resolving issues related to activating the new COGS in Quickbooks/QBO or to get support for the 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.', click the link below: