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From: Danny B. <da...@fu...> - 2004-09-18 12:34:40
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Here's my issue, when I do a income statement I don't get the full amount of my COGS, I'm missing most importantly any cost of an item I sold in the prior year. i.e. I sold 2 computers to a client just before the end of last December and I just noticed now that the parts I bought for his computers in January don't show up in this years income statement, but if I do a trial balance and click on account 1540 (Inventory/Computer parts) I get the full amount of purchases I made for inventory this year. As you may be able to see if I did not catch this I would have filed my income tax for 2004 with out including this cost. Also is there a way to include cost of purchase for the entire year in the income statement vs. having just cost of goods sold? Thanks, -- Dan Brow CEO Full Motion Solutions - Solutions That Work - Phone: 519.641.7193 E-Mail: da...@fu... Web: www.fullmotions.com |