You have to actually purchase some of the item in order to have a cost of goods sold for it.  Or enter an opening balance inventory adjustment.  Either way the key is that you need to establish an actual cost and inventory balance in order for a sale to include […]

Resolution for 'actual cost issue: 'How do you enter the cost for a new inventory item?' available: Yes.

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

For more information about resolving issues related to actual cost in Quickbooks/QBO or to get support for the issue 'How do you enter the cost for a new inventory item?', click the link below: