How do I categorize bill payments as COGS

All my accounts payable payments are simply categorized as bill payment and I can’t change it. I need them to show up as COGS on my P&L.

Good Morning @ranitab,

I think we would need a bit more information to help you with this.

If the item you are purchasing is considered inventory it should report as an Asset not an expense until you sell it. Then when you sell the item it should move from an asset to COGS. You would see these fields in the Inventory Item setup Information Screen

If the item is not considered to be inventory then the Expense account on the item info page would determine what expense line it would hit.

You can also select the GL account when creating a Bill instead of using an Item.

If you need more assistance please reach out through our Chat or you can Submit Ticket and we can assist you further.

Thank you for your post!