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

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

For more information about resolving issues related to balance inventory 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: